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Buying & Selling Real Estate

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Justin McElroy
Pro Member
  • Rental Property Investor
  • West New York, NJ
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72
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SoFi or SunTrust Personal Loans for Rehab?

Justin McElroy
Pro Member
  • Rental Property Investor
  • West New York, NJ
Posted Dec 12 2019, 03:20

Hi Everyone - looking into lending options and was curious to see if anyone has used either the SoFi or SunGuard personal loans to finance the rehab portion of a flip or buy and hold? Looking through their application, you're able to use these funds for home renovations, and if you qualify you're able to get up to $100k. I'm just curious on the process - how long it takes to get the funds, do you need to provide estimates, is there and early repayment penalty, etc.?

Thanks in advance!

Justin

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