Loan Criteria Main Credit Score 480 Non-Owner Occupied Loan Amount $100,000 - $5,000,000 Lien Position 1st Mortgage, Seller Carryback Combo Cash Out Amount $0 Loan Purpose Purchase, Rate and Term Refinance Property Types SFR, Duplex, Triplex, Fourplex, Five Plus Units, Mixed Use, Retail, Church, Office, Industrial, Gas Station, Other Commercial Types, Restaurant/Bar Rate Types Straight Fixed Amortization States AL, AK, AZ, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, NE, NV, NH, NJ, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TX, UT, VT, VA, WA, WV, WI, WY Special Features Borrower is a Corporation, Borrower is a Trust, Interest Only Payments Available, Hard Money Loan, Hope this helps...Regards,Scott Miller Originally posted by "hstone2323":Hi all,I am looking to open a small carry-out restuarant and I need help with financing.

It would be much wiser for me to simply list the site on my business card and hand it out to people I meet, and this is exactly what I tell my clients who have similar sites in comparable markets.

I can not tell if you do HVAC in office buildings, new residential construction or something else.While working and meeting new people get your card in their hand.

Let’s face it you would rather want to obtain ten of thousands of dollars in credit card limits and loans versus getting a few thousand dollars trying it own your own.

A three year payback is no consolation if you have to replace the item in four or five years.

Most all accounts have been closed with the exception of a car loan and a credit card.

do you have any credit card debt?

I say within the first couple years because if they've gone five years and then go bad (that seems to be about how long it takes from the foreclosure documents I've been sifting through) you've collected $14,500 from the down payment and mortgage payments so unless the place is gutted you'll be able to rehab and sell again, perhaps even at a profit.

I just got a credit card and am trying to build up my credit, then in the near future start buying properties and renting them out.

Reglazing, especially for a rental, will at BEST get you five to seven years.