Buying an 8,000 property
I have been talking to a gentleman who is willing to let go of a duplex that is currently rented out at 500 each side. My question is can I use a personal loan if I do not have 8K in cash on me? How do personal loans work in terms of conditions and length of time to pay back? If not what are some other ways to finance this? I don't think I could get a mortgage for 8K right?