Asbestos in building, getting approved for loan?

[Nate Smith]

I own a old school building that is 60,000 sqft. I have converted part of it into a apartment for me and buddys to go hunting. I am looking at getting a loan on it, so I can be done with this pesky land contract. I owe $20,000 and would like to get a $50,000 loan for repairs and payoff. But the building has asbestos and lead paint. The asbestos is in the boiler area which is in a sealed room with a door that says warning asbestos. So im assuming this is fine and schould not hurt me getting a loan. They only closed the school two years ago and it was fine for them. Again this school is located in the upper pensila of michigan. Just wondering if this asbestos and lead paint will hurt me getting a loan. It is zoined R1.

Thanks, Nate