Updated about 8 years ago on . Most recent reply
commercial property refi
I own a property free and clear that I lease to my business. I was thinking about taking money out to reinvest that in something else that may earn a decent return. What kind of rates can I expect? What are the best sources for this type of capital?
The business is very solid with lots of cash flow. I have plenty of assets to pay back the loan the overnight if I need to. Can I approach a bank and get some money out at a very favorable rate? What do all the experts think?