You have located an asset that is the proverbial “diamond in the rough.” The purchase price is incredibly reasonable and with the right updates and improvements, the property can be flipped for a substantial profit. It all sounds great, but you suddenly realize – how do I buy the property and fix it up? Enter…
Apart from the myriad problems faced by a small business owner, the most pressing issue is the lack of capital and limited avenues for raising capital from outside sources. Being a small business owner, getting a business loan is never easy, as most lenders treat them as borrowers with fluctuating income and bad credit. Appropriately,…
1. Simple mortgage In a simple mortgage, the ownership of the mortgaged property is not transferred from the mortgagor to the mortgagor. In the process of repaying the loan, if the mortgagor fails to do so, the mortgagor can sell the property and recover the loan amount from the sale. 2. Mortgage by conditional sale…
On the one hand, credit counseling can be a good way to resolve debt while avoiding bankruptcy. On the other hand, it can be like an onion; Once you peel back the layers, you may cry after seeing what you’ve been through. Consumer debt counseling service companies organize themselves as either for profit or not…
Setting your personal budget requires a hands-on approach. The following guidelines will help you plan a working budget to embark on this journey. 1. Gather all your financial details. This would include all your bank account, credit card and insurance papers – anything related to your personal finances. These details will be needed to start…
Why should someone be interested in helping you for free? Government is benefited if it gives loan to start small business and that’s why it helps. Statistics show that there are more small businesses than large businesses. 0 Small businesses employ more than 50 percent of the workforce. o Small businesses contribute more than 50…
Interesting question, isn’t it? Who has our credit file… The problem with answering that question is that there is no simple answer that we want to hear, because the truth is a tough pill to swallow. To do this, I would like us to look at our recent history, so that we can follow the…
A mortgage broker in Birmingham will benefit you in many ways, especially if you are relocating to the area or you have been living in the area and you are looking to climb up the property ladder as a first time buyer. Most clients who contact our mortgage broker in Birmingham are waiting to get…
There are many auto rental companies in the world today, but there is one company that has been around for a long time, and it is one of the leading auto rental companies in the world today. This is Hertz Car Rental Company. This car rental company provides various services to the public which includes…
Every business, at some point or the other, needs some form of financial support. If you find that you need more funding for the daily operations of your company, you may want to apply for a working capital loan. The sooner you can get approved, the better, as this type of loan helps pay for…