Recession & banks not lending....where's the money?

General Real Estate Investing
1

Where can I find $20,000 to rehab two rental units?

2

Equity in the property? Equity in your home? Refinance a paid off or nearly paid off vehicle? Credit card? An investor who would loan you the money on a note? Do you have a tax return coming?

3

How about trying prosper.com?

4

Going by the info you posted in the “financing,Hard money” forum with the same question, you have some options. You have no money and bad credit. So you can try:

  1. HML. But you’ll have trouble refinancing to a conventional loan.

  2. Private investors.

  3. Can you put up the “Hard” assets as collateral for a loan?

You’ll have to pay high interest due to your credit. If all else fails, you can always work your butt off to raise the money and not have to pay a loan… Good luck.

5

I will try all of these suggestions. Thank you so much on this forum!!!