$1,200,000 commercial loan for motel/restaurant?
Jul 27, 2009
in
Commercial Mortgage FAQ
Who is the most competitive commercial lender in Oklahoma?
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2 comments
TaxMaven on July 27, 2009 at 4:42 am
Are you looking forward to going bankrupt? You are flirting with disaster here. If you haven’t $1.2 million of your own money to spend on this, why would anyone sane loan you theirs? You do know the stats on the % of restaurants that go under in the 1st year right?
Answering this type of question kills my BA percentage, but I cannot resist warning you.
spiritwalker on July 27, 2009 at 4:42 am
Is that all you need?