Easy Techniques to Finance Your Flip

14 Dec

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Ask any house flipper and they will tell you 1 factor. It can be stressful! You will have to discover contractors if you do not program to do the operate your self. You will also have to make all the decisions as to what items will be utilised such as faucets, paint, and floor coverings. Nevertheless, none of these decisions will be as stressful as picking the proper financing method if you do not currently have a selection made.

Of program, your 1st thought may be to finance your flip via the bank. Nonetheless, there are many conditions in which financing by way of the bank will not be the very best selection. Bank financing will require you to supply credit info and perform history, along with a lot of other contingencies. Most occasions, conventional bank financing will not be the greatest financing for a fast sale. There are other techniques you can creatively finance your flip, and some of them are considerably simpler. Here are three ways you can finance your flip with no the hassle of dealing with the bank.

Property Equity Line of Credit / Unsecured Cards

If you currently own a home and you have equity in it, you can in fact open a line of credit and then make use of this equity to finance your flip. A house equity line of credit is a lot less difficult than possessing to go by means of the hassle of receiving a bank loan or mortgage. Typically, you can open these lines of credit with just a telephone contact and a couple of signatures. Usually, you can get them via the exact same lender that holds your mortgage. This tends to make factors a lot easier general and you can easily get sufficient funding to finance your flip offered you have the equity offered. Yet another alternative would be to tap into low interest credit cards these are unsecured and offer another creative financing approach, pool collectively three or four cards and you could have $50-$100,000 quickly!

Tough Income Lenders

Challenging funds loans are frequently referred to as rehab loans since they are utilised predominately for actual estate investments and home investing. This is due to the fact the loans are developed to make it effortless for you to finance the expense of the house, along with sufficient cash to spend for the renovations. Right here is how a difficult cash lender will operate the loan. These loans are solely for investment properties.

For the most component, if you are employing a tough money loan to buy your flip, you will be able to finance up to 65% of “as is” value of the acquisition, along with one hundred% of the renovation charges. This way, you will be capable to borrow adequate cash to purchase the residence and then have sufficient money to actually do all the repairs.


All IRAs are not created equal! In order to use your funds tax deferred, you will need to open a Self Directed IRA. This will enable you to (just as the phrase says) direct your funds to the investment of your decision that is permitted under IRS guidelines, genuine estate being 1 of them. So, you will be capable to borrow against your retirement and use the funds for a home flip. You will need to pay the funds back to the IRA within a particular quantity of time that you establish, but this is a great way to totally free up money for your flip and also create up your retirement tax deferred.

Need to you not have loads of cash at your disposal, use 1 of the above financing options to get your deal done rapidly and grow your enterprise.

71 Responses to “Easy Techniques to Finance Your Flip”

  1. Huey January 2, 2013 at 7:18 pm #

    Essentially I’m at college, which is my summer time holidays at this time. I’ve been considering “business” ideas. I understand apple iphones would be the rage at this time, however i also realize that apple iphone “stuff” is everywhere.

    Essentially the region of The Uk that i’m in at this time is extremely small when it comes to size but is big when it comes to number of population (very finance orientated) and you will find many individuals with money, (and that i suppose a great deal without…)

    Anyway, one factor I’ve considered, Thinking about to market… (in the event that is sensible) is apple iphone stuff… Less gimicky stuff, but stuff that individuals will use. I personally have purchased a few covers in my apple iphone 3 (old I understand) through the years, and that i have lately bought an apple iphone armband (for that gym)

    Anyway, when i stated I understand these things are everywhere, however something I’d consider is purchasing a few items, (covers, armbands, etc) to have an apple iphone 4, and focusing on small local company and asking the things they consider this content, the things they like, the things they can’t stand, when they think they might sell them etc, after which possibly going for a small order for 10 of these like a tester for the organization, to see when they would go.

    I possibly could purchase the items from a few sources online where I’m able to obtain a good deal (better deal the greater I purchase, however i suppose in the beginning I am unable to expect a sizable order)… So I’d charge them somewhere among what I’d purchase them for and just what they might sell them for, and find out what goes on…

    Will it seem enjoy it would fall faster than superman on laundry day? Or will it seem like her possibility for many success? Or perhaps the fundamentals for a thing that could succeed?

    Advice please?

    Oh and p.s I’m keeping watch for that apple iphone 5… clearly I’d rather not buy a lot of stuff thats outdated…

    p.p.s The reason why in my “plan” could be to ensure that I’m not holding a lot of stock, the moment I recieve it, it’s shipped to some business…

    Brent, I’m wishing you’ll take a look question again soon since i would like to just pick your brains having a couple of questions should you wouldn’t mind. I’ve attempted texting you however it does not appear to allow me. Should you could send us a message saying hello or something like that to ensure that I possibly could answer it, I’d REAAAAALLY be thankful!!!

    Thanks ahead of time!

    For that record men, I do not always want to generate money to take a seat behind a pc screen… I understand that some occasions you need to enter into this mixture from it and set a face to what you are. I’ll however order lots of stuff online I am certain.

    btw, I understand information mill unwilling to discuss stuff with “new people” however, I’m able to turn myself out very well when the occasion calls. In order to in ways seem like someone who would like to conduct business and never fool around. In addition to being friendly but straight speaking (although I have plenty to understand!)

  2. Ayako January 2, 2013 at 8:53 pm #

    I simply graduated college last May. I simply began employment in Auditing, and to tell the truth, the task is simply not stimulating me enough. I’m not unhappy using the job, my co-employees are okay, and that i really do not deserve the salary that i’m getting.

    However, I’m simply not stimulated enough. I personally don’t like standing on salary because regardless of how much, or how little, Sometimes, I usually get compensated exactly the same amount. There’s always a ceiling regarding just how much I’m able to earn.

    My wages are $50,000. I’ve learned about people making in addition to that on one switch. I’m able to only let’s suppose Used to do a switch for $50,000 that required me 2-3 several weeks to accomplish, i quickly could either simply take the relaxation of the season off, or I possibly could do 2-3 more flicks that year making 6 figures.

    I’d believe that now will be a wonderful time to get involved with property, because of the depressed market. You will find likely to be lots of bank-possessed qualities available to renegotiate deals after which change then sell it, as lengthy as you’ll be able to sell in the market cost but still earn profits.

  3. Sheila February 18, 2013 at 6:54 am #

    I am looking on getting a home equity line of credit to pay off some things at a lower interest rate. I currently share a mortgage with my brother and we bough the house about 2 years ago.

    Do you think I can get much or even qualify?

  4. Jacquline March 30, 2013 at 3:23 pm #

    I’m trying to buy a 2006 fleetwood trailer house and i need to know how long banks usually finance so I can figure out payments. I also need to know what interest precentage they charge. I live in Oklahoma dont know if that makes a difference or not
    We arent lookin for one to last 30 years, 5 maybe 10 years at the most. and i already own the land free and clear

  5. Reyna March 31, 2013 at 2:27 pm #

    We want to move into the city but keep our land. We want to sell the mobile home in order to free up the debt to buy the new home. We did not want to rent it because the tenents might not want feel comfortable with us coming to the land to tend to the animals and using the workshop. so selling the home was our best option. It is on a permanent foundation. However, it is cracked and a new owner would have to have it repaired before they could get bank financing anyway if they left it here.

  6. Arnold April 8, 2013 at 3:00 pm #

    I need help in securing bank financing and I also in the purchase of a business. I know rates vary, but if you’re a CPA, how much do you typically end up charging (or would expect to charge) for a small business?
    I think I just need a compilation. I just need to make sure that the information makes sense. After that, I need help with securing financing from a bank.

  7. Johnnie May 1, 2013 at 2:20 pm #

    Currently we have a home that is fully paid off and is valued at about $200,000. I was wondering if I wanted to buy a second home for say $70,000 would I be able to do that with strictly my equity so I can get the second home without any bank financing? I would like to keep the banks out of the deal and avoid any interest. Thanks in advance.

  8. Fidel May 2, 2013 at 9:57 am #

    I would like to know how I could offer a bank financing options for them to secure my services. For example when you go to a car dealership and they shop for financing for you. Another example is a credit card like the ones some stores offer their customers. Where can I start with this? I believe it will allow me to grow my business. I do not want to finance my services in house. I would like funds to be guaranteed to me by a bank.

  9. Gregory May 2, 2013 at 4:45 pm #

    Ok so I’m almost done with my degree in accounting which will be December of this year. My advisor just told me that I could possibly be a triple major or double major(which I prefer) after reviewing two other majors. They are managerial finance, risk&insurance management, & banking&finance. The managerial finance major is like 5 classes away from getting the degree. The banking&finance shares some related classes to managerial finance and it’s 7 classes away. The risk&insurance management shares so much similiaities with the banking&finance major it’s only 4 classes away. Which ones should I do. Should I do the triple or just double? Which ones would be more beneficial? Plz help.

  10. Seymour May 4, 2013 at 4:02 am #

    I work in a MNC for last 3years in non banking Finance functional like in Accounts Payable, General Ledger, Accounts Receivable. Now I am interested to do a certification course in this, can anyone guide me which is the best certification course available in India.

  11. Dee May 5, 2013 at 6:26 pm #

    what is the difference between financing a car through commercial banks or credit union?
    I am planing to buy a new car but i will like to know the differences of financing via banks or credit union, and also what is dealership finance compare to bank finance.

  12. Cody May 6, 2013 at 3:31 am #

    I don’t blame you for all the economic problems, Bush left a mess, but you need to focus on getting Americans to work and businesses the financing they need to stay in business not on your reelection. Americans are suffering and the government is making it seem like the economy is getting better, its not, gas prices are still high, bank financing and credit is still not available, businesses are bankrupt and closing their doors after many years in business and Government is putting out reports that the economy is better when we know and live the fact that it is not.

  13. Arnoldo May 6, 2013 at 7:15 am #

    Say I got a bank to finance my business, the product which I sold ended up being a failure on the market and now the banks don’t want to finance my business. What could I do to convince them to help me finance for my new product?

  14. Val May 6, 2013 at 3:16 pm #

    I am currently pursing Bachelors in business economics from delhi university & it is due to finish in may 2008.Are their good job prospects after doing Msc in international finance or Msc in banking & finance from leeds university? Please help!

  15. Brenda May 7, 2013 at 10:14 pm #

    I have been accepted in London Metroplitian Univeristy for Insurance, Investment and banking and finance degree?

    I have no idea which one to go for ?

  16. Loura May 8, 2013 at 6:21 am #

    I’ve never bought a car from a dealership before. For a 2003 Ford Focus, Mach special, moon roof, automatic transmission, and only 40,000 miles they want $7900.00. That’s the Bluebooks suggested.. What would you pay? AND! What exactly is a bank finance charge and how much does that run?

  17. Porfirio May 8, 2013 at 8:08 pm #

    In your opinion, what aspect of banking and finance had the greatest impact on the transformation and growth of American business from the colonial to contemporary times?

  18. Silvia May 8, 2013 at 10:55 pm #

    I’m not a first time home buyer. What are the pros and cons of using bank financing versus mortgage company financing to find the most competitive interest rates? This is for a home purchase, not refinance and my credit is excellant.

  19. Moises May 9, 2013 at 4:00 am #

    Mostly I want to know if I should pay off my husband’s truck before or after I apply for the loan for my new car. Which will look better on our credit reports when we are looking for financing? (It’s going to be bank financing, not through the dealership.)
    We have impeccable credit – the only problem with it is our ages, we’re pretty young so not a lot of our accounts have been open more than a couple of years. My neighbor had told me she thought it would be better to pay it off after we financed the new car because it would look good to have an open line of credit. I always thought it would look better to have less debt to pay on each month. Our only other debt is my student loans (also to be paid off shortly) and our mortgage.
    Its not a matter of if I’m getting an auto loan. I sold my car today because we’re moving to Alaska for DH’s job and I needed something more practical for the weather up there. My student loans are almost paid off so its not like I need the monthly car payment money to go towards that. I was just wondering what looks better on your credit report – less debt or more lines of credit?

  20. Ernesto May 10, 2013 at 12:08 am #

    I recently bought a brand new car that has been in the shop numerous times. I found out the transmission is faulty and since it is a brand new vehicle, they don’t have any other transmissions. They have offered to give me another one of the exact same vehicle. Will I have to redue the bank financing, complete a new credit application, and have them check my credit number again? Or since it will be the same car essentially, do they have just a “change of vin” contract?

  21. Lenny May 10, 2013 at 3:59 am #

    Tough one!!!!

    I will be well impressed if someone can actually tell me the name of a bank/finance comany (not a broker) who I can get a french leaseback mortgage with.

  22. Aleida May 10, 2013 at 6:09 am #

    Or, it is more advisable to use bank financing instead?

  23. Edison May 10, 2013 at 8:52 am #

    Your question: “I signed a contract with a bank to finance my car. Now they are asking me for my immigration documentation. I told them I had a workers permit that I renew every two years until my visa is available. They told me no, that they want a permanent resident card. Why didn’t they ask me for that at the signing of the contract?

  24. Miquel May 10, 2013 at 6:19 pm #

    Why do researchers disagree about the role of stock markets, banks and finance?
    Is it because they use different research models? I do not understand. For instance, in the one hand we have Robert Lucas who says that the role of finance is overstressed and, on the other hand, we have Ross Levine who says finance, stock market and banks are important for economic growth.
    Thanks in advance,

  25. Tiara May 10, 2013 at 10:41 pm #

    Would the bank/finance be able to find out if that person had any estate?

  26. Cherise May 10, 2013 at 10:41 pm #

    Assuming I own the property outright, how much would it cost to open up a 12 lane bowling alley with a full arcade and some vending machines and maybe a small day care in the corner, including the cost of the building? Would a bank finance such a business idea with a minimal down payment? I have $150,000 in liquid assets and am wondering if this would be a feasable venture. The market where I am has absolutely no arcade or bowling alleys at all in a city of about 3000 people with surrounding smaller cities of about 2000 combined (within 30 minutes). There is no entertainment at all (no movie theatre). Would this be a good market?

  27. Dione May 11, 2013 at 9:10 am #

    How can one find out which bank, financing company and credit union reports to which credit bureau? For example most banks pull credit checks from equifax and reports to them. Whereas certain financial institutions report to trans union and so forth. Who deals with which?
    Type “o” financial institutions
    It makes a big difference! Some credit bureaus don’t have the same information!

  28. Tessie May 11, 2013 at 9:46 pm #

    I Have $10,000 to put down on the loan, but my credit isn’t the greatest and my family is in dire need of a house. Will a bank finance a loan without the need of a co-signer if a large chunk like that is put down?

  29. Kermit May 11, 2013 at 9:46 pm #

    I want to work in investment banking/ finance after college, and was wondering if Computer Science would be a good quantitative major for an undergraduate degree.

    Ultimately, I want to get an MBA right after or at least a Masters of Finance degree before I start working.

  30. Denver May 11, 2013 at 9:59 pm #

    I am interested in acquiring Farms/ranches in Mexico or active business in Acapulco. Bank financing is available to USA residents for these properties. However-20-30% Downpayment is required to get the financing. How do i get (investors) downpayment without using ANY of my own assets which i don’t have to cover it? All the properties mentioned are income producing and in mexico.

  31. Silvia May 12, 2013 at 12:08 am #

    Is there a difference between a bank financing you for an auto loan and a car dealership financing you for a loan? If so, is there anyway around making payments on a new or used car and not getting full coverage? I want a new car and I’m only 19.. I can afford it but I don’t want my insurance trippling..

  32. Nakita May 12, 2013 at 5:36 am #

    Currently I hold a diploma in nursing and working in clinic full-time. Recently i have been thinking on a career switch to islamic banking and finance. How do i go about in obtaining a degree in islamic banking? Are there recognised and reliable institutes in Singapore offering such courses? Or do i have to get the normal banking and finance degree before diverting to Islamic banking?

  33. Dwana May 12, 2013 at 8:19 am #

    Hello. I am attempting to buy a foreclosure in San Diego that is a single family residence with a total square footage of 528. I was told it is difficult for banks to finance anything under 600 square feet. The house is in good shape but its tiny. I need financing asap since the bank already accepted my offer. Thanks.

  34. Jake May 12, 2013 at 5:47 pm #

    Oh boy – where do I start? Impulsive buy. Late night deal. Never really intended on leaving with the truck to begin with. However they pulled the tactic, “if we can agree on terms will you do the deal tonight”. Initially my answer was no because I already had previously secured private bank financing at 1.99%. After much pressure, I figured, “what the heck”, if they can get me 1.99% then I’m just as well off. However they came back with 2.99 and sent me with the truck stating that it was late and the would make some phone calls and get me the 1.99%. They never called me back. Come Monday morning I found out they had submitted my contract. After throwing a huge fit, the GM brought me back in and we signed a new contract with a better price and better rate and adjusted due date. However this second contract was never submitted to the bank. I just found out about this a month later when my new payment book shows up in the mail and the calculations are inaccurate. Now I’m pissed and I want the finance company to make the dealership buy back my contract and I will deliver them the vehicle. Not to mention the $1,800 in TT&L that I forked out.

  35. Hobert May 13, 2013 at 6:37 am #

    I am confused between which course to apply for ie Accounting & Finance or Banking & Finance. Can someone tell me what is the difference between them so it can help me out to choose what course I should opt for.

  36. Ignacia May 13, 2013 at 7:50 am #

    It is about a personal loan and the interest must be calculated in simple interest formula. And the bank, finance agency must be in singapore.

  37. Whitney May 13, 2013 at 8:38 am #

    For applying for jobs in banking, finance etc would economics be considered a finance based degree?

  38. Jenell May 13, 2013 at 11:51 am #

    Hi.am actually stocked up with either choosing to study International law & World Economy and then International Banking&Finance.The problem is that I just dont know what job opportunities awaits both.I dont want to end up reading a course that the demand is low or not even available.Am Confused & have limited time to make up my decision.

  39. Grady May 13, 2013 at 6:58 pm #

    I obtained a second upper degree in banking and finance at the uol ( external) programme and I would like to apply for masters at ntu, nus and smu . What are my chances of entering ?

  40. Dave May 14, 2013 at 8:54 am #

    They would be paying directly to the bank financing my mortgage loan. So they aren’t “gifting” or loaning the money to me. Their names would not be on the mortgage or property.

  41. Katelynn May 14, 2013 at 12:41 pm #

    I want to study MSc Finance & Banking, however, the University I intend to apply just has MSc International Banking & Finance (Salford University), can anyone let me know the differences between them. I wanna work in a bank as a Financial Analyst or Financial Planner, is that ok for me to study MSc International Banking & Finance, or Accounting & Finance?

  42. Emery May 14, 2013 at 4:59 pm #

    According to online appraisal calculators on a few websites, the house I want to buy is appraised at $190,000. The seller said that they will not accept any less then $200,000. Since I am putting 10% down, I am only financing $180,000. Will the banks finance this deal?

    What is the appraisal value compared against…the sales price or amount financed?

  43. Elba May 14, 2013 at 11:36 pm #

    Do we need to take into consideration the working capital required for the project and the bank finance for that, while calculating the Project IRR?

    Please give an example.

  44. Miquel May 15, 2013 at 12:32 am #

    My vehicle broken down on me when i was on the freeway. Turns out that my engine is going out and they need to rebuild a new one but i am still paying on the vehicle. A bank financed my car and i still have 9,000 dollars to go. What shall i do? I tried the cash for clunkers deal but since i am still paying on the car i didn’t qualify. I dnt know what to do. Any ideas?

  45. Barbara May 15, 2013 at 12:58 am #

    You decide to buy a car for $17,500 and get $2500 on a trade-in. If the bank finances the remainder at 7.8%, and you want to pay off the loan in 5 yearss, how much will your monthly payments be? (Assume that interest is compounded monthly.)

  46. Bryon May 15, 2013 at 1:11 am #

    Hi..i want to know the job /career opportunities for graduate with degree in banking and finance.Is it the job prospect is only in banking and finance sector/institutions??with this degree can i explore in hotel/other company sector? Hope someone wiling to answer my questions and give me some useful advice…thank you 🙂

  47. Titus May 15, 2013 at 3:19 am #

    my friend got a car recently and she says that the bank financed it and i should do the same so that i can get a car soon. i don’t really know what that means even though she kinda explained it to me is this the same as taking out a loan and if it is what all would i have to do. i know in order to take out a loan you must have had a job for at least 6 months but what are the other requirements. or do i need to talk with my bank to get exact answers?
    thanks in advance.

  48. Golden May 15, 2013 at 7:12 am #

    and operated with full commercial freedom like Hong Kong and Singapore
    Here is my guess:
    The authority do not veto RBS bonus
    The Treasury collects huge corporate and income taxes from those banks and bankers doing their busines of high banking,financing and investment banking.
    Allow fat cats to plow the streets of London rather than they plowing the cities of the world.
    Able to see bubble forming in London itself and not sure when and where financial bubble will form in any part of the world.

  49. Tressa May 15, 2013 at 1:11 pm #

    I bought a house for my brother in Washington state but i live in California. He lost his job and could no longer make payments the bank foreclosed on the house. Now the bank that financed the second is calling me claiming they are going to take my home down here in California is this possible?

  50. Karlyn May 15, 2013 at 2:14 pm #

    I’m starting school this fall for my degree in banking and finance. I’ve got an idea of what I plan on doing, but I just want to know what my other options could be.

  51. Kent May 15, 2013 at 6:58 pm #

    I bought a car from a friend the night before he left for Germany. I told him that i would take over his payments and try to get his loan transferred into my name. Unfortunately, his payments were automatically deducted from his paycheck, and he didn’t remember which bank financed the loan. Now he’s asking me to pay off the remaining balance (which is more than i can afford right now). How can i find out who the bank was that financed the car and see if he’s telling me the truth about how much is owed?

  52. Dione May 16, 2013 at 9:37 am #

    Yea what type of entry-level Banking & Finance jobs should someone start out with If they want to start their own Private Equity Firm one day because I was thinking about..probably graduating from college then work 2 years then go to Business School hopefully Harvard…n then working another 3 years or more then starting it with someone.

  53. Antone May 16, 2013 at 8:01 pm #

    I am looking to buy a property for about 17,500 before the down payment. I am wondering what is the longest length mortgage that most banks will finance such a low amout for?

  54. Kathern May 16, 2013 at 9:20 pm #

    We are planning to move once our house sells. Our hope is to build the house ourselves. We feel realistcally we will probably have $25k as a down payment for the land and home. Will a bank finance us if we were to be the builder??
    The biggest issue is our credit has been hurt as we have a Chp.7 BK….is this an automatic NO from the lender? Also we plan to build the house including land for no more than $115k….any ideas out there???

  55. Art May 16, 2013 at 9:31 pm #

    I want to purchase a car through the bank financing. However, one of the limitation stating that it is not intended for commercial use. I am getting a Lincoln since I am working for car service. Is car service = commercial use?


  56. Kayla May 17, 2013 at 2:35 am #

    I have recently graduated with a law degree and i have a particularly legal background. currently a legal assistant in employment and litigation. I have recently had a 2wk temporay position as a banking paralegal. i however have no experience in banking/finance.

  57. Eugene May 17, 2013 at 4:51 am #

    I am looking to get a from an auction (repot clean title) but I don’t know if banks will finance this. Is it considered a private party loan? Please help.

  58. Annabell May 17, 2013 at 5:42 am #

    I am going to pursue MBA but I would like to know about different subjects or branches in MBA. Like what kind of things we study in marketing, consulting, banking, finance etc., what kind of jobs do we get and what kind of work do we have to do after getting a job.
    Please tell me as much as you could.

  59. Ines May 17, 2013 at 4:06 pm #

    If so, which positions within the bank would those be? (banking/finance related)
    Forgot to mention: no experience in the field, but a Bachelors in Finance.

  60. Patricia May 17, 2013 at 7:37 pm #

    You got a community organizer and a old war hero trying to tell us how they will fix the economy and yet neither or them have any clue about banking, finance or Wall St. So we’ve got Obama & McCain to choose from and they have to tackle the greatest problem (so far) of the 21st century something they know nothing about. God help us.

  61. Howard May 17, 2013 at 10:15 pm #

    I purchased a brand new 2012 car from a dealership. I used my own bank for financing. The bank gave me a check. Who is responsible for sending the bank the title and making them a lienholder?
    From the responses so far. It sounds like it’s the bank communicating with the dealership. I am not responsible for sending the title. Am I? If the title was sent to me (according to the dealership), and I never got it. Is this my problem?
    I live in NJ. So is NJ a holding state?

  62. Verona May 18, 2013 at 9:13 am #

    I’m from Singapore, my grades for GCE A-LEVELS: CCD (3 H2 subjects), B for H1, A for Project Work, D for English. I’m planning to go overseas to take a business course / banking & finance. The top 3 countries of my preference: USA, UK, AUSTRALIA. I’m taking the SAT reasoning test. If I can obtain a result of 2100>, which good university am I hopeful to enter? How can I enhance my eligibility?

  63. Goldie May 18, 2013 at 9:01 pm #

    I need to get $725 to go to the 6 month long EMT B class. How do i go about getting student loans? Is it through banks, finance companies or what. Thanks

  64. Lorna May 18, 2013 at 11:29 pm #

    Will a bank finance a car with over 100,000 miles on it? The car will cost under $5,000 and is a Pontiac Grand Prix, no older than a 2004. Thanx bunches.
    Thanx mccoyblue. I am trying to establish some credit history. I only have one account on my credit report as of now. Besides I needed a car like a week ago, lol.

  65. Garnett May 19, 2013 at 3:12 pm #

    I was wondering if I should go through the bank or financing person to buy a house if my credit is decent. My avg score is about 678. And I have about $10,000 for a down payment. I’m not sure with whom i should pursue or should i go to multiple people to find best deal?

    Thanks for any help!

  66. Thad May 20, 2013 at 3:08 pm #

    I’m a college student and I know absolutely zip about banking, finances and investing. I’m especially bad with terms such as CD’s and mutual funds…it all sounds so foreign. I have researched online but it dosen’t seem to get through to me.

    Is there a way to make it sound simple?

  67. Felipa May 21, 2013 at 8:47 pm #

    I’m currently a banking and finance major but I’m beginning to think about going into something like dentistry. Should I stick with it or turn around before its too late?

  68. Cathleen June 5, 2013 at 2:44 am #

    The loans are always paid on time, but there is still a couple more years to go. I’m not hurting for money and there is enough saved up for a down payment and I can afford the monthly payment for a mortgage and taxes and insurance. I have a salary job. Would the bank finance me?

  69. Eusebio June 22, 2013 at 5:19 am #


    I have a condo unit which is already due for turnover last Feb 2013. I intend to resell it that’s why I did not apply for any bank financing. I did not also issue the PDC’s for the monthly amortizations. Now, I am having abuyer and he is amenable on settling the past due monthly amortizations. However, when I inquired from my developer, the past due amortizations will only apply largely on interests. Only a small amount will be deducted from the balance.

    Is the interest on such past dues negotiable? It is such a big amount which shall only add to the cost and it is really unwise for the buyer to buy if that is the case.

    Thank you and I will appreciate anyone who is willing to advise.


  70. Clayton August 6, 2013 at 8:45 am #

    I’m a freshman and have taken a couple of prerequisite classes and I’m really loving the major. I’m attending the University of Washington, so its just a state college, and pretty sure it isn’t a target school. I was wondering if I could get into the investment banking/finance world with a political economics degree. If I could would it be difficult to do so? And also what types of jobs could I get with a political economics major?

    Thanks in advance everyone!

  71. Rodolfo August 15, 2013 at 11:31 pm #

    my current bachelors is a 4 year course , which says i can further pursue my career in auditing, banking, finance and accounting. My question is can i switch to management when i do my masters ? ?as if can i do masters in supply chain management or human resource management ?

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