How to get and how much to pay on $20,000 1 month loan?
The scenario:
I need $20,000 to pay off 403 loan and pull down $50,000.
The $20,000 plus loan fee can be paid off in less than a month after the loan check clears.
The purpose: The balance after the initial loan is paid can fix two properties up to rent out at a total of $1600 a month, and will cover half of the amount owed on one property.
My payment back to the loan would be a total of $800 a month (a $200 difference in what im payin now).
How would i obtain such a loan and what can i expect to pay back for a one month loan if possible?