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How much will 250k in cash and good credit get me ( business, apt complex )

I have some cash that I would like to tie up in either an apt complex (800k +) or possibly a business that I can be a par-time absentee owner. I do not need the cash and would like to just pay down debt over the next 4 to 6 years on the loan.

How are the LTV values for commercial RE and existing businesses in the market currently? I know there are quite a few factors that go into the lending side of things, but I was just curious what the market conditions were right now?

Thanks for any replies.

-T

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Answers (2)
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Anyone have anything on the real estate side of things?

Jun 3, 2010
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Biz2Credit LLC
New York County, NY

Thomas,

If it is a good business, you can look at putting down 20% of the acquisition cost. The rest can be financed from banks and lending institutions.

We at Biz2Credit have over 100 banks and 130 products to match your varied business credit needs across the country. You can fill out a free loan application on www.biz2credit.com and see your options and decide to work with lenders either on your own or through a dedicated case manager from Biz2Credit at a low monthly cost. Once you get matched with a lender, you can use the document management system to upload and maintain all the documents , share it with lenders and other partners you work with. Also being a registered member helps you to get free updates on new lenders ,lending product and tools to build and manage your business credit from our partner, Dun & Bradstreet.

Jun 2, 2010

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