Updated over 8 years ago on . Most recent reply
First Post - raising financing
We are looking at our first investment in US for 172,000. I want to put together my financing of 80% with a private lender and cover the other 20% personal loan but I am stuck on the following:
1. Do I organize the 80% loan "first" or "after" I have the personal loan secured (or at the same time)? I worry about all the hits on my credit lowering my credit score such that I might not qualify for one or the other....
2. Has anyone experience combining peer to peer loans? Should I also apply to a credit union as well?
Appreciate any advice or suggestions.