There’s a property I would like to finance via uMastandi but I don’t have enough equity for what I estimate the project will cost. I’m afraid by the time I save enough money to present as equity for the uMastandi loan, the property will be off the market. I want to borrow money from the bank, which I can present as equity for uMastandi loan just so I could get the ball rolling on the project. Would you guys advise against that? I have no problem servicing the bank loan and the uMastandi loan concurrently
You are really doing great work guys,keep it up,and I hope one day I can be a testimony of your work.
There’s a property I would like to finance via uMastandi but I don’t have enough equity for what I estimate the project will cost.
I’m afraid by the time I save enough money to present as equity for the uMastandi loan, the property will be off the market.
I want to borrow money from the bank, which I can present as equity for uMastandi loan just so I could get the ball rolling on the project.
Would you guys advise against that? I have no problem servicing the bank loan and the uMastandi loan concurrently