How to raise $40k in 1 month?..

Discussion in 'Loans & Mortgage Brokers' started by cbmoney, 6th Feb, 2017.

Join Australia's most dynamic and respected property investment community
  1. cbmoney

    cbmoney New Member

    Joined:
    6th Feb, 2017
    Posts:
    2
    Location:
    melbourne
    Anyone have any advice or experience in raising $40k minimum in a month?

    Would love to hear from you
     
  2. ellejay

    ellejay Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    2,192
    Location:
    Kimberley and NZ
    Yep, personal loan.
     
    Joynz and Gockie like this.
  3. moridog

    moridog Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    527
    Location:
    WA
  4. Biz

    Biz Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,517
    Location:
    Investard county
    Gay for pay?
     
    DaveM, Vince-VX and moridog like this.
  5. Ross Forrester

    Ross Forrester Well-Known Member

    Joined:
    30th Oct, 2016
    Posts:
    2,085
    Location:
    Perth, Western Australia
  6. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,572
    Location:
    Sid en e - olympic city
    Sell your metals, jewelry, car/s, van or whatever is of value and in demand.
     
    MikeyBallarat likes this.
  7. Darren

    Darren Well-Known Member

    Joined:
    21st Jun, 2016
    Posts:
    132
    Location:
    Sydney
  8. C-mac

    C-mac Well-Known Member

    Joined:
    26th Jun, 2015
    Posts:
    1,348
    Location:
    Sydney
    Why do you suddenly need $40k in one month? Did you over extend yourself?
     
  9. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,229
    Location:
    Sydney or NSW or Australia
    8 loan sharks - how are your knees?

    Do you like your front teeth? Can you grow a goatee?
     
    Last edited: 7th Feb, 2017
    Christian likes this.
  10. 158

    158 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,275
    Location:
    Brisbane, Qld
    A corner store probably won't have that type of cash on hand.

    You're probably going to have to get a team together and go Ocean 11 style and knock over a casino.

    pinkboy
     
  11. albanga

    albanga Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    2,701
    Location:
    Melbourne
    Yes because people who easily know how to whip up 40k each month do tend to spend most their time on a property forum......
     
  12. Sonamic

    Sonamic Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,340
    Location:
    Sunny QLD
    About 30 years of hardcore SUCCESSFUL investing. Short of a multimillion dollar lotto win in a high yielding savings account.
     
  13. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,392
    Location:
    Sydney
    Crowd funding? Loan from family and friends? Do you have any assets at this stage? Is the $40k to used to buy a house and land for $100k? (By the way no disrespect but even my 8 year old know you can't get a house and land for $100k anywhere in Melbourne)
     
  14. Wukong

    Wukong Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    415
    Location:
    NSW
    Let's 10x that and go for 400k
     
    Redom likes this.
  15. datto

    datto Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    6,675
    Location:
    Mt Druuiitt
    Chook. Is that you?
     
    Ted Varrick and dabbler like this.
  16. trinity168

    trinity168 Well-Known Member

    Joined:
    20th Jun, 2015
    Posts:
    942
    Location:
    Sydney
  17. Ace in the Hole

    Ace in the Hole Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,874
    Location:
    Sydney
    Depends, how high do you need to raise it?
     
    See Change and Gingin like this.
  18. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    8,163
    Location:
    03 9877 3000
    Save $5k per month for the previous 8 months.

    You should never put your self in the position where you need $40k completely out of the blue and don't have it.
     
  19. willair

    willair Well-Known Member Premium Member

    Joined:
    19th Jun, 2015
    Posts:
    6,795
    Location:
    ....UKI nth nsw ....
    Too early for Chook Datto,he would be too busy looking for the keys too the
    Holden Commodore Limited Edition ,and where he left the winnine blues ..
     
    datto likes this.
  20. Brady

    Brady Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,567
    Location:
    Adelaide, SA
    Have $80k lose 1/2 of it.
     

Build Passive Income WITHOUT Dropping $15K On Buyers Agents Each Time! Helping People Achieve PASSIVE INCOME Using Our Unique Data-Driven System, So You Can Confidently Buy Top 5% Growth & Cashflow Property, Anywhere In Australia