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Updated about 16 years ago on . Most recent reply

Matt Todd's profile image
Matt Todd's profile image
Matt Todd
  • from South Carolina
  • Member since Dec 11, 2008
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11
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Matt Todd's profile image
Matt Todd's profile image
Matt Todd
  • from South Carolina
  • Member since Dec 11, 2008
Connect
Matt Todd
  • South Carolina
1
Votes |
11
Posts
Mortgage Brokers & Lenders

What would bank say?

Matt Todd
  • South Carolina
Posted

I have a commercial tennant that is going to go belly up. I live off the rental income and am not employed right now. On a conservative side I have $600K in equity but only have enough cash on hand to go about 6 months if they default.

Is there a chance my bank will loan any $ if I need to weather a longer storm?

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