Can I obtain more appealing actual estate financing terms by making use of a stock portfolio as extra collateral?
I’d like to purchase a rental property but I’m having a tough time acquiring financing due to the fact I am currently a graduate student and don’t have any income. Even so, I do have a stock portfolio valued at about $ 295,000. Is it probable to leverage the stock portfolio as additional collateral to obtain financing?

Thanks for your help.

Answer by Sarah C
I was essentially told “no” in a related scenario. Even though I did not pursue it, I received the suggestion to try a neighborhood bank or credit union if I had a relationship with one – but that the main lenders would generally not lend in that scenario.

Answer by Stephen T
If you do not have income you will have no way to repay the loan, even with a significant portfolio.

Why do not finance organizations except UNION WORKERS and specially the ones that travel alot in different cities?
I’m trying to upgrade an travel trailer to a fifth wheel and the finance organizations down in the SOUTH does not want too aid me since I’m a UNION WORKER and I travel alot in different cities to build energy houses,steelmills and ect.and in each various location is diverse pay rate by the hour though I travel it is below the same organization and the very same it’s not the contractor that pays my bills its me, why don’t we UNION WORKERS get more respect we are the backbone of AMERICA if it was not for us there would be no safety,labor laws we are the ones that has a lot more voice than the un-union companies, plus we are atleast AMERICAN with the skilled trained craftsmanship.
To you’ll that reads this why I pay dues, due to the fact when I retire I get this back plus a pension I don’t have too reily on social sercuity
MY Loved ones will have some thing when then social security runs out
in about 10 to 20 years, there will be social security for the future.

Answer by bathagent
Try working with a neighborhood bank or credit union, not a finance company. Most will allow you to produce your W-2 for the past two years for an typical income. Yea! for the UNION WORKERS.

Also, you may want to use greater grammar, as in “why don’t finance companies ACCEPT union workers…” and “the finance businesses down in the South Don’t want TO support me…” or “more voice than the NON-union organizations…” and do not get me began on “to you will that reads this…?”

Anyway, you are appropriate. We want much more unions and the gov’t backed social security system is going to crash faster than Florida genuine estate….

Exactly where can I get Asset based financing to obtain commercial property?
Searching to get an apartment building but I do not have the funds, credit or documentation, therefore I need to have one thing secured such as a asset based. I live in nyc and the property is there as nicely. No upfront fees. i can’t afford any fees that the property can’t cover.

Answer by Tim B
According to the business news.. commercial property is going to be the subsequent shoe to drop.

Meaning financing for commercial property appropriate now is probably next to null and void.

Does this support any?

Financing fixed assets employing debt funds is helpful for a firm or via equity funds???
being a financial consultant of a organization what will be my assistance as to how to finance their fixed assets…either by employing equity funds or by utilizing debt funds???

Answer by M O
That would depend on the rates of debt and equity. Both of these strategies have equations, and you pick the balance that you really feel gives the minimum quantity of risk and maximum return (this is named capital structure).

Normally, debt is more affordable.

i am attempting to acquire a new vehicle, but my credit is not established. What helps my credit?
I’ve gone to several dealerships and had no luck, i recognize today’s economy is not stable, but it appears like no one will give me a likelihood. I’ve tried financing with banks and credit unions and even asking relatives to co-sign, but absolutely nothing. I was told that i have “young credit”, so what can i do to improve my credit to acquire a vehicle and also to boost my future?

Answer by Kelle
Get a credit card or a loan from the bank.

Pay it off entirely every single month ( NOT late), for a year and your credit rating will go up.

Answer by Reena
Pretend that you have the vehicle loan and pay that quantity every month into a savings account. Do this for a year then go back to the dealer ship and purchase a good utilised automobile. (pay at least $ 300 into the savings account every month and add another $ 100 for the insurance payment).

Or get a credit card and make only small monthly charges each month that you can simply pay off when the bill comes.
Do this for a year to establish a good payment history and then go back and try to get a vehicle loan again.

Answer by milk27105
The ideal way to for you to get a loan is to save adequate money for a down payment at least 10-30% the price of the vehicle. Appear for a inexpensive automobile with a massive rebate or perhaps a very good utilized vehicle. Occasionally you can try credit unions or your own bank also.

Answer by stan c
If you have $ 500 in a saving account, convert it into a secured credit card. Most banks can set it up for you. Also make positive they belong to the credit bureaus. Soon after 12 month activity, your credit score must boost.