Chris V asked:


what i want to do is get a loan to cover down payments, working capital for rehab,upgrades and defaulted rent. Time frame to keep properties is 3 yrs. I need at least 250000 to 1 million. I am willing to pay 10% yearly interest. Since I am not paying in full for the house it is not a secured loan. What is the best type of loan,line,card. etc to get to raise funds. After I purchase a a few houses I can get investors to payoff everything in about a year or less with the equity in the portfolio. I am most interested in interest only Business loan-is that possible. Perfect credit, Business currently own is dental office gross $1.8 million yearly, $350k net yearly 5 yrs open. No assets, not a home owner. What is the best way to raise capital;get a loan, without collateral without being a secured loan. for this or other purpose. Creative financing ideas would be helpful, Please.Thank you.