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Dennis J Marsack
  • Port Huron, MI
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Large personal loan for first flip?

Dennis J Marsack
  • Port Huron, MI
Posted Apr 28 2018, 18:04

Hey guys, my Fiancé and I were discussing possibly taking out a large personal loan (from like prosper or even financial..) to fund a fix & flip deal.. what are your thoughts on this? Could it work to buy a foreclosed home? Haven’t narrowed a specific deal yet, just looking at options.. seems to be a lot of foreclosures popping up in our area.. 

any insight would be greatly appreciated! 

Thanks

Dennis

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