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re: If you received $500K, how would you invest it?

Posted on 5/14/14 at 3:19 pm to
Posted by ATXTiger1
Austin
Member since Feb 2009
3296 posts
Posted on 5/14/14 at 3:19 pm to
quote:

basic warehouse rents for $4-$6 a foot and can be bought for $30-$50 a foot


Damn, those numbers are about double that in Austin.
Posted by wpsnickers
Member since May 2004
2591 posts
Posted on 5/14/14 at 5:35 pm to
quote:

what kind of personal guarantee would you have to make in order to get a 1.5m loan for a commercial property? or would you just be allowed to use the property as collateral with no personal guarantees.


You'd have to do a personal guarantee. No way a bank would underwrite a 66% LTV without a personal guarantee.
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