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...
Has anyone successful obtained an unsecured business line of credit for an interest rate that is closer to single digits? If so, can you share both the financial institution you worked with and how you went about g...
Hey guys! Im looking for advice here.I've been looking into trying to open up an unsecured line of credit, mostly through my business. The issue is i've been mostly getting denied simply because of the fact that my bu...
I am in the Louisville, KY area, and a 13 year veteran investor and I brrrr every chance I get. I am wondering if it would be better to take an unsecured loan, buy, fix up and then roll into permanent financing. It ap...
I made a loan to someone last year. They have always paid on time, but asked for an extension. I extended 3 months, but am not comfortable extending further.What are my options if they simply cannot pay the loan back ...
Someone has asked me to provide a short term private loan of $10,000. He is currently selling his home and will be purchasing a new build in another neighborhood. He needs to put a $10,000 deposit on the new lot to re...
How hard is it to get a unsecured line of credit for rehab on a house? I have two mortgages and the properties are cashflowing. Good credit and I have around 700 a month for other debit.
I’m close to reaching 10k saved up I was thinking of paying off some debt and get my credit to at least 750 its at 720 now. After my credit goes up I wanted to apply for a line of credit and use it towards a down paym...
I am looking for ways to get started while I continue to save capital. Is it possible to get a line of credit through an LLC if I am just starting out? My idea is that I would use the line of credit to flip properti...
Does anyone know of private money/ hardmoney/ credit card companies that will do an unsecured LOC for $50,000? I have an 8 units mixed portfolio deal that I’m BRRRRing. I’ve completed half of the rehab and need an add...