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All Forum Posts by: Nikkie L.

Nikkie L. has started 2 posts and replied 2 times.

Post: Loans and down payments

Nikkie L.Posted
  • Santa Cruz, CA
  • Posts 2
  • Votes 0

New to investing, and I have a complicated life with finances, here's a quick back ground, I have a corporation, and so I don't make much money personally due to divorce complications and children, and my corporation has been utilizing the tax benefits, so I am sorta shooting myself in the foot twice I already know, but I have bigger plans to make my life better just need options.  I have qualified for a loan of 150,000. which I can work with, the only problem I am coming up with is the 20% down. My question, is how do I acquire the down payment needed, 

Post: Billboard property and financing

Nikkie L.Posted
  • Santa Cruz, CA
  • Posts 2
  • Votes 0

I have found an investment property but I need to be able to make it until September and currently working with very little cash flow.  This would be my first investment and need about 250,000 to make it work.  I can purchase the land with a loan, and can get financing for the new purchase of a billboard, the only issue would be coming up with the monthly payments for 7 months due to the current lease on land which is only 3600 for the year.  the land is not very big and need some suggestions to make income work. any suggestions would be great.