Updated about 8 years ago on . Most recent reply
Using a pesonal loan for down payment
I'm short on cash but have good credit and income. I am considering getting a personal loan to help fund my first deal. Has anyone had any experience with using a personal loan to fund their first real estate property (rental or flip)? What are the pros and cons? What things should I consider?
Most Popular Reply
@Dorian Wood yes.. just keep it in your account for two months and then you’re good. Most lenders only look back two months. A bit shady but gotta do what you gotta do.



