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re: If you received $500K, how would you invest it?
Posted on 5/14/14 at 5:35 pm to ATXTiger1
Posted on 5/14/14 at 5:35 pm to ATXTiger1
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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