Recently, I have been trying to take out a loan for investing in fix-n-flip and I came across Sprout financial and they are offering me $70,000 with no collateral and no interest with fees of $6500. Has anyone used th...
BP community, I'm asking for your help! I'm in quite the predicament.I have a great opportunity in front of me to start the real estate journey I've always imagined.... Buying a multifam with a partner, our projection...
I hadn't thought this was that exciting, but recently told a hard money lender about it, and he was shocked at the deal I got, so figured I would share it. SoFi (Social Finance) gave me a $100,000 unsecured personal l...
I am a hard money lender and need advise if an unsecured loan I made through the Solo 401k defaults and is uncollectible are there tax write-offs as a result of the uncollected loan?
Would love to get some feedback on this strategy I just did: Instead of waiting 30-45 days to secure a regular conventional loan to purchase my rental property, I decided to get an unsecured loan from the bank instead...
It seems frighteningly easy to walk into a bank and request an unsecured personal line of credit or even an unsecured commercial line of credit (w/personal guarantee). Is there a better alternative for borrowing money...
Hi All,Anyone know anything about https://aalendingsolutions.com/ Feedback is greatly appreciated.Best regards,Jerrud
BP folks,I'm getting access to a 100K unsecured business loan. Looking to use it acquire more rental property. Thought it would be a good idea to leverage the loan to use as down payments on multiple properties, to ...
Hello BiggerPockets,
I'd like to open a discussion on an unconventional approach to real estate investment: utilizing unsecured term loans instead of the traditional route of mortgages. This strategy might sound unor...
Does anyone have any recommendations for a lender that makes unsecured loans for real estate?