Skip to content
Mortgage Brokers & Lenders

User Stats

11
Posts
1
Votes
Matt Todd
  • South Carolina
1
Votes |
11
Posts

What would bank say?

Matt Todd
  • South Carolina
Posted Dec 11 2008, 03:17

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?

Loading replies...