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Author Topic: corporations /// hard money ///loans  (Read 5374 times)

Offline real estate 001

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corporations /// hard money ///loans
« on: June 04, 2007, 04:33:16 pm »
 :cool  HERE  is something that was asked of me  today and i really had no answer to it


 WHO gives loans or hard money loans to  corporations  with no personal  libality ???    THE corporation has a d&b   pay #  of 80 to 85  this wouuld bethe same as a fico  of 700 to 800


 ANY ONE have any information on this  thanks 

Offline REI4ROI

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Re: corporations /// hard money ///loans
« Reply #1 on: June 05, 2007, 09:39:45 pm »
There are a few non-recourse hard money loan programs that will lend to corporations---final LTV, rates and terms and conditions will be depend on a number of factors not mentioned. 

What type of transaction is this?  For real estate, business acquisation or expansion, capital equip investment, etc.? 

Residential lenders tend to cap LTVs to legal entities, this guideline gets a little fuzzier with commercial and hard money lenders.

If you want to share more about the "what if", I can share more about the "what's possible"...

Regards,

Scott Miller 

RE Investment Advisor
Weichert Realtors
[email protected]

Offline real estate 001

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Re: corporations /// hard money ///loans
« Reply #2 on: June 06, 2007, 11:12:11 am »
 :cool i do not know any more than what i said as i said this was a question asked of me . AND i really had no answer  so i went looking  and hoped for a  answer  and recived some answers   thank you 

Offline REI4ROI

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Re: corporations /// hard money ///loans
« Reply #3 on: June 07, 2007, 04:25:19 am »
Glad to hear that you found what you were looking for---regret that I couldn't be of any further assistance...

Regards,

Scott Miller
RE Investment Advisor
Weichert Realtors
[email protected]

 




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