i don’t have enough money in my bank account,in fact I don,t even have any job right now,but I wan,t to invest in real estate,can I get personal loan from any bank without mortagage anything?im an engg. Graduate.
2007-08-07 03:34:34 · 3 answers · asked by vicky27 1 in Business & Finance ➔ Renting & Real Estate
Yes!!! Pawn your car title!!
2007-08-07 03:37:41 · answer #1 · answered by M W 2 · 0⤊ 0⤋
People that loan money want to minimize their risk and make a profit. If you don't have a job, don't have collateral, don't want a mortgage, the risk far outweighs the possible reward of loaning you money.
Your best bet might be to get investors from friends and family to back you as they know you as a person and know if you will work hard to repay the loans.
2007-08-07 03:45:42 · answer #2 · answered by Michael J 5 · 0⤊ 0⤋
Let's see... No job, no income, no money and you want a hard money loan to buy real estate? LOL! That's a good one! Best laugh I've had all morning and I've had a couple of good ones!
Curious -- what's an "engg?"
2007-08-07 03:48:25 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋