Posted on: 19th Jun, 2009 09:19 pm
I have found a great piece of property, the Real Estate it is listed with says "If you paid $10,000 your monthly payments will be $234." My question is: Is it possible to take out a personal loan for say $10 or $15,000, pay the downpayment of $10,000 and use the rest toward monthly payments or insurance or whatever...?
Or is it necessary to get a full loan for property?
Or is it necessary to get a full loan for property?
mc8
You can absoutley do that. No restriction on what kidn of loan you take.
But you may not be able to deduct the interest on the loan, when you take personal loan
Good luck and feel free to ask
You can absoutley do that. No restriction on what kidn of loan you take.
But you may not be able to deduct the interest on the loan, when you take personal loan
Good luck and feel free to ask