BTW,
Why not advertise and locate a private investor for your funding needs. I just found one and he is a rehaber too..He wants everything I can bring his way and want me to market and sell them too....Not a bad deal for me!!
Exactually several major banks around the country are offering un secured business lines of credit. Perfect for the real estate investor. I have three $75,000.00 @ 3.75% interest only, $50,000.00 @ 5% intest only, $35,000.00 @ 4% Interest only. The reason they are hard to get is because the average person that walks into the bank doesn't understand the questions and usually fills them out wrong. there is a formula to the application
Have you contacted any lenders, or HML's in the area. I would also read this forum frontwards and backwards for more info. Good luck
My experience is that signature loans from a bank are hard to get and expensive. What about credit cards?
Brenda
BTW,
Why not advertise and locate a private investor for your funding needs. I just found one and he is a rehaber too..He wants everything I can bring his way and want me to market and sell them too....Not a bad deal for me!!
Hi pejames,
It looks like your hard work and eforts made in the past several months start
Persistance pays. Alex [ Edited by omega1 on Date 02/02/2004 ]
Exactually several major banks around the country are offering un secured business lines of credit. Perfect for the real estate investor. I have three $75,000.00 @ 3.75% interest only, $50,000.00 @ 5% intest only, $35,000.00 @ 4% Interest only. The reason they are hard to get is because the average person that walks into the bank doesn't understand the questions and usually fills them out wrong. there is a formula to the application
Lori
[addsig]
Thank you for all of the suggestions that you guys have posted.
Lori, I was just wondering if you know where I can obtain the information that I need i.e. questions to ask and which banks to use? Thanks again
You would have to check local banks in your area or the local sba
Lori
[addsig]