Updated over 8 years ago on . Most recent reply
Personal loan for fix and flip
What is the process of using a personal loan for a fix and flip for example, do I not pay the loan until the property turn a profit or do I pay the minimum balance each month on the loan? If required to pay monthly minimum my worry is I will not be able to afford the monthly payment and hurt my credit score. As a newbie how does this work any suggestions or advice?