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Updated over 10 years ago on . Most recent reply

User Stats

26
Posts
3
Votes
Mason Keith
  • Macon, GA
3
Votes |
26
Posts

Completely new to business loans, help?

Mason Keith
  • Macon, GA
Posted

Tried searching unsuccessfully, if there are articles you could point me to I'd appreciate it much.

I have a potential deal coming my way, but am hesitant to work on it much without understanding the loan process better.

The property is an 8-Plex so I know I need to get a business loan but that's everything I know.

I have no RE experience, very good credit, and enough cash reserves to cover down pay with 10% of purchase price left over.

Where do I start the lending process?

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