Posts Tagged ‘Money’

What are some valid reasons to access the equity in your home for a loan?

Friday, November 27th, 2009
Lou asked:


We’re trying to get a first mortgage for the equity we have in our home. My husband built our home so we’ve never had a mortgage. We want to use the money for some financial security but this is not the answer the bank wants. What do they want???

I am a building contractor in a booming town-I have several investors and things are working great, however

Wednesday, October 28th, 2009
hurkmebaby asked:


I would like more investors-word of mouth is the only thing that is working..the newspaper brought no results- I have plenty of lots available,, and a big crew that builds houses fast and nice, where do I advertise this for maxium results?
I would like to build 200 homes in the next two years…I can get the construction loan – but to do many houses at once – I need investors to front the Pre construction cost
So I have them invest either 10,000–20,000–30,000–40,000 or 50,000 in the lot; the plans; the permits; serveying etc. All the preconstruction cost for one house equals about $50,000- My corporation gets the const loan – and when we sell it –we double the investors money- pay the loan back and then split the profits 50% 50% –small investments can pay back big money! Everyone that is doing it wants to do it again, however there are about 200 good building lots in town right now–and I want to buy them now–someplace in this big ole world; there must be a forum to advertise??

Make me rich and I’ll make you richer.what do you say?

Friday, October 16th, 2009
luis m asked:


Hello fellow yahooers. Im a New Yorker with big dream but no capital to make it happen. I been learning about real estate for years. I been learning as much as possible. I want someone to give me a jump start into investing. I wish to buy rental buildings is NYC. I’ll make the math simple, I want to buy a property that will bring over $1million a month. If anyone is willing to get richer by just lending me money to achieve my goals. Then I will put it in contract that I will pay you back 3 to 4 times the amount you lent me in less than 10years. Im looking at a $20million dollar building. That means I will pay you back at least $60mil. If you or anyone you know is willing to fund my dream please contact me. The reason Im looking for a someone is simple. Im young, don’t have millions in the bank, and have new credit and there is no bank in the world that is willing to even look at me. Take this small risk and you’ll be rewarded ten fold. Hope to hear your responses soon.

I need your advice?

Tuesday, October 13th, 2009
Blac R asked:


Well I’m a senior Highschool and will be graduating soon
and im thinkin that goin to college is just a waste of time coz
I will open my own bussiness (then whats college for?)
well i have the skills to do bussiness

I wanna open a grocery store and later on make it have a lot of branches

well my family is financially capable of lending me money as a capital

so do i have to go to college coz i don’t get the sense

In short i wanna be a ENTREPRENEUR

How does someone get a business loan?

Saturday, October 10th, 2009
Davidquestioner asked:


I assume no one will give me money just for a good business plan. What percent of the loan amount would I need to have cash in order to get a business loan? Is it better to have cash or go buy some land? What are some non-conventional ways to find a partner? I want to start a gym?

How hard is it to get a small business loan?

Saturday, October 10th, 2009
sullycake asked:


I am saving up $10,000 dollars to have up front to give to the bank and I have the business plan, menu and everything set up like that. I am almost 23 and probably will have the money by that time. I am also working on making my credit good and looking for available spaces for rent. What is the likeliness that a bank would give me a loan? And is it really all that difficult?

Can I get a small business loan for myself, with a partner investing 50% upfront?

Saturday, September 19th, 2009
Christine asked:


I am planning to open a fitness studio with a business partner who already has the means to put in 50%. We plan on creating a very solid business plan through my MBA program.

What is the likelihood/possibility of ME being able to get a small business loan for my 50% portion without investing any of my own money (which I do not have), keeping in mind that my business partner is putting in 50%? I have no debt except student loans.

How do I find a small business loan from an individual?

Monday, September 14th, 2009
big_cat_1999 asked:


I am a small business wanting to expand with additional employees, office equipment and working capital. I need an individual who can loan this money as my personal credit is not good enough to get a business loan.

How to get business loan if i am a teenager?

Tuesday, September 8th, 2009
Amy L asked:


How to get business loan if i am a teenager?
i want to start a small business during summers, but i dont have sufficient money and im not an adult yet. i want to ask how to get a business loan.

Can a small business get a business loan when the owners had past financial problems?

Thursday, September 3rd, 2009
rwmalone2 asked:


My Business partner and I own a plumbing company in Northern Virginia. We just started as a partnership in January 2007 and self financed a work van and all the equipment to get us up and running. However to be able to compete with the big boys we need a little more capital to do more. We both have had financial problems in the past 1 1/2 for me and over 5 yrs for him. Will anybody loan us money with a checked financial past?