Loan for Multifamily business?
Someone told me I could get a business loan for my Multifamily business. Instead of buying just 2 duplex. I can use the down payment for the down payment on business loan. Then I would have more cash for flipping. Like instead of putting 20k down on apartments, I put 20k down on business loan to have more cash for down payments.. This bank would give me 100k cash to use.
I think the 1st loan would drop the credit. But as long as you have 20% down I could still get approved?
Thanks



