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Can personal loans be used for down payments

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Can personal loans be used for down payments

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Can personal loans be used for down payments

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Can personal loans be used for down payments

Rent out a room: Sites like Airbnb arent just for people who have vacation homes to rent out when theyre not using them. Many of the sites listings are for extra rooms - or even shared rooms - in the owners house, meaning you could stay put while bringing in some cash, particularly if you live in a reasonably desirable area.

Check local ordinances to make sure short-term rentals are allowed. Creating a listing on the site is free, but there is a 3 service fee when a reservation is made. You can personal loans be used for down payments easily estimate how much you might make on the Airbnb website. For example, the site estimates that a one-week private room rental in relatively rural Staunton, Virginia, could bring in 725. The company releases payment to the host 24 hours after the guests check in.

Moonlight as a dog sitter: Technology is on your side here, too, with sites including Care. com and Rover, matching pet owners with dog sitters and walkers.

Can personal loans be used for down payments