Financing Options

As a new real estate investor, I have a questions regarding the financing of my investments and the new corporation that I have formed. Am I correct in stating that the business cannot apply for financing on the investments? If that is true, how do I merge the properties into the business entity? Thank you, Mike

Comments(3)

  • cjmazur30th April, 2005

    HMLs typically require points as well as a high interest rate, and I have not seen one that goes above 80% LTV.

    I would not do a deal for 5k profit.

  • bill790730th April, 2005

    what if i take 2 loans from two different lenders?

  • cjmazur1st May, 2005

    the loans are stil recorded so it will show on title.

    I have never (famous last words) seen an HML that would do say 70%, and another that would do 30% 2nd. Carry back maybe.

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