i built a garage with a one bedroom apt worth 60,000 in debt 7 thousand to build it and have a credit score of 610 what is the possiblilitys of me getting a loan of a 100 thousand to in vest in other ventures
2007-03-27 14:19:27 · 5 answers · asked by twohitsmf 1 in Business & Finance ➔ Personal Finance
Dude, It would be better if you find friends or family members that are willing to invest for a share of the profit, Banks are holes.
2007-03-27 14:28:57 · answer #1 · answered by Joseph 2 · 0⤊ 1⤋
The amount might be a little high. Would you really want to be tied to a loan that large? Things can happen all the time. You never know what tomorrow will bring. I would go for a smaller amount and then if you need more ask for it.
2007-03-27 21:42:38 · answer #2 · answered by starwberry 5 · 0⤊ 0⤋
Obtain a copy of your credit with the three credit companies and make sure that everything is correct and then go from there. You might be surprised that there may be some things on there that are not even yours.
2007-03-27 21:28:15 · answer #3 · answered by Cindy Roo 5 · 1⤊ 0⤋
I think the best thing to do is contact Brad stancel at brad@processfast.com he works for a company i used homeowners Union and he cam back with many great option with the least amout of work. Tell Him Paul Zenk sent you
2007-03-27 21:59:05 · answer #4 · answered by flexlutherjr 1 · 0⤊ 1⤋
Depends on the interest you are willing to pay, and collateral you'll put up. Consider a small business load from the US Gov't.
2007-03-27 21:22:52 · answer #5 · answered by GratefulDad 5 · 1⤊ 0⤋