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Results (2366)
Alfred Litton Just a Few Dollars Short!
2 August 2018 | 8 replies

Hi All.  I currently own 2 SFHs outright (no debt and both in my LLC) and wish to purchase a 3rd.  I have $50K but would need about $85K for the 3rd home. I don't want to do a traditional mortgage since the amount is ...

Sean Shapoori unsecured business line of credit
12 June 2019 | 8 replies

Did anybody use unsecured business line of credit for start out fix and flip?Any experience and recommendation will be greatly appreciated.

Sean M. Re-affirming an obligation post-Chapter 7
15 November 2014 | 7 replies

Question about re-affirming obligations under a Chapter 7.  If a borrower has a mortgage and has cleared a Ch 7 bankruptcy, then makes a payment on the loan, have they re-affirmed the obligation, such that it now effe...

Jeremy T. Loans for land / unsecured lines of credit
6 October 2015 | 1 reply

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...

Account Closed Financing rental property
11 March 2021 | 8 replies

I was thinking about using an unsecured loan to obtain a rental property. Are there anything I should be aware of before I obtain it. Is it wise to do so. I've only use conventional loans in the past so I'm a little g...

Jason A. Applying for business credit
4 February 2022 | 10 replies

Hi Folks,
I am getting all my ducks lined up for starting my first flip. I have about 30k saved for my first project and I plan to utilize a hard money lender for purchasing the home. I don't feel 30k may potentially...

Kristen Fennig Hard Money or Private Lender in Charlotte
18 January 2021 | 7 replies

I found an auction in an incredible area and am wondering if I can get a private lender to purchase it! I have no debt except my current house, $65K in the bank and other assets. 

Travis Salley Using credit lines for down payment
21 April 2019 | 2 replies

Is it acceptable to use personal credit line to fund a down payment on a single family rental on a conventional loan? Assuming you have adequate cash reserves, good credit etc.

Eric Black Does BK discharge promissory note?
19 November 2014 | 3 replies

We had two rental properties with a management company in Texas. We found out, after they closed their doors, that they were closing. They owed us security deposits and rent totaling over $5,000. We got a promissory n...

Jonathan Wheeler Personal Loan Question
8 December 2016 | 7 replies

Hello yall, What is the best way to make/format a loan if there is no physical property attached to it. For example, giving a loan of $15,000 toward the repairs or purchase of a potential property? What type of contra...