My husband and I are actively looking for work we bought a small truck for my husband to work with but so far there is no work in that area so we are selling it to buy a van where there is plenty of work we have 4 children 3 in private schooling and one who will have to go into childcare once we both are employed.I am to receive an inheritance of about $50,000 from the sale of my grandmothers estate which should be finalised bey the end of this year. Our problem is we need $20,000 now to pay off some debts and to finish our home to sell it. And move to a bigger rental home. Would any one know of anywhere who would lend us $20,000 and be paid back $30,000 when my inheritance comes through? I can supply documents to prove this and all corrospondence will be dealt with legally. All other normal lenders have been looked into none forthcoming with an answer to our problem.
2007-04-09 19:39:06 · 3 answers · asked by kimberlina5113 1 in Business & Finance ➔ Personal Finance
If you're offering a return of 50% in less than a year, I'm sure you'll find a private investor who will be happy to take advantage of you. However, that shouldn't be necessary. I'm concerned that you're going to spend right through that inheritance. The best thing you can do is to study up on how to manage money. Try reading, "The Millionaire Mind" and anything by Suze Orman to learn how to save and invest.
2007-04-09 20:57:34 · answer #1 · answered by Katherine W 7 · 0⤊ 0⤋
Yes just show your inherritance papers to the lender then maybe they will lend the money to you all the best good luck
2007-04-09 20:34:38 · answer #2 · answered by pattibcacl 6 · 1⤊ 0⤋
One option is to submit your inheritance document as collateral for a $20K loan.
2007-04-09 20:04:02 · answer #3 · answered by SGElite 7 · 2⤊ 0⤋