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re: The following lot sold for a million dollars in silicone valley this week
Posted on 5/10/18 at 12:27 pm to Koach K
Posted on 5/10/18 at 12:27 pm to Koach K
quote:
What kills me is thst banks lend money to W-2 employees which are most always at-will. What kind of “security”’ is that?
What is more “secure” about self employment income? You can lose your job just as easily as your business can go belly up.
1
Posted on 5/10/18 at 12:30 pm to Scranton Strangler
I have a friend that owns a business that grosses about $50mil/yr. she doesn’t finance much anymore but told me in the past that it was hard for her to get financing for some personal loans because she didn’t give herself a salary, so the lender could not see any income.
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