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-   -   I own a nice lake lot and need $75,000, how can I borrow $ (https://www.askmehelpdesk.com/showthread.php?t=328375)

  • Mar 12, 2009, 12:44 PM
    71256
    i own a nice lake lot and need $75,000, how can i borrow $
    we have a L.L.P. and own a 100" sandy beach, level and wooded lot and 3 one acre wooded back lots in siren wi. They are for sale ($179,900 and 3 x $24,500, $253,400 total) and my wife and I own 50%. I would like to get cash now and pay back ASAP. Any ideas? :confused:
  • Mar 12, 2009, 12:52 PM
    tickle

    Who owns the other 50 % ? And, how can you sell it if you only own l/2.
  • Mar 12, 2009, 01:28 PM
    71256
    Quote:

    Originally Posted by tickle View Post
    Who owns the other 50 % ? And, how can you sell it if you only own l/2.

    A friend, we both agree to sell, it is/was an investment. Would someone maybe borrow us money with our 50% as security, like contract for deed or something?

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