Completely new to business loans, help?
Tried searching unsuccessfully, if there are articles you could point me to I'd appreciate it much.
I have a potential deal coming my way, but am hesitant to work on it much without understanding the loan process better.
The property is an 8-Plex so I know I need to get a business loan but that's everything I know.
I have no RE experience, very good credit, and enough cash reserves to cover down pay with 10% of purchase price left over.
Where do I start the lending process?