Need 5k to Finish House Renos

Viewing 12 posts - 1 through 12 (of 12 total)

emilov
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@emilov
Join Date: 2007
Post Count: 54
December 10, 2007 - 9:16 am
Hi All,
I'm about 5k short in cash to finish the renos of my house (which I'll then refinance). Any (solid/concrete) idea where I can get it? Private lending should be ok too as I only need it for about a month or two.
Cheers,
Emil
v8ghia
Member
@v8ghia
Join Date: 2005
Post Count: 871
December 10, 2007 - 11:01 am
Credit card is the simplest and quickest way (a new one) and it will not cost a big application fee or extortionist type exit fee like the type of last resort finance you are considering. Do the sums, and you will see what I mean, especially if you are only talking 5 grand, and get a low interest rate card. Will save you $$$. All the best with the project finish.
emilov
Member
@emilov
Join Date: 2007
Post Count: 54
December 10, 2007 - 12:07 pm
Hey thanks for the reply .
Any idea which one? I already have one which is maxed out (yeah, everything costs more & takes more time…). So, since I have to tell the (new) credit card company of that they might decline my credit card application and there goes my credit rating down…
Any other ideas?
Thanks,
Emil
Pro investor
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@pro-investor
Join Date: 2003
Post Count: 108
December 10, 2007 - 12:32 pm
hi
I use ge for my small loans from 5-50 and they only take 3 days
Thanks Rob
emilov
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@emilov
Join Date: 2007
Post Count: 54
December 10, 2007 - 1:02 pm
Hi Rob,
Sorry but what is ge? Is that a lender? Do they have a website or something?
Cheers,
Emil
Pro investor
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@pro-investor
Join Date: 2003
Post Count: 108
December 10, 2007 - 1:07 pm
hi
ge finance
Thanks Rob
Richard Taylor
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@qlds007
Join Date: 2003
Post Count: 12,024
December 11, 2007 - 7:11 am
Which State is the property in Emil ?
Richard Taylor | Australia's leading private lender
emilov
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@emilov
Join Date: 2007
Post Count: 54
December 11, 2007 - 7:22 am
Hi Richard,
It's in Sunnybank Hills, QLD. Why?
Cheers,
Emil
Richard Taylor
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@qlds007
Join Date: 2003
Post Count: 12,024
December 11, 2007 - 8:25 am
Ok. We do short term private loans on Qld securities depending on the rest of the information.
Richard Taylor | Australia's leading private lender
emilov
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@emilov
Join Date: 2007
Post Count: 54
December 11, 2007 - 9:13 am
Ok then,
I'll give you a call tomorrow
Cheers,
Emil
v8ghia
Member
@v8ghia
Join Date: 2005
Post Count: 871
December 12, 2007 - 11:37 am
Emil,
Please be careful of any private finance arrangements on such a small sum – you may face some hefty establishment and exit fees….enough to make GE look like a registered charitable non profit organisation…….and we all know how likely that is……..You may find family or friends may be interested in helping you out in a business arrangemtn type loan at rates higher than a home/personal loan, but less than other private funding. WIn WIn.
All the best.
Richard Taylor
Participant
@qlds007
Join Date: 2003
Post Count: 12,024
December 13, 2007 - 3:59 am
Hi Emil
Glad we were able to assist.
Richard Taylor | Australia's leading private lender