Updated about 9 years ago on . Most recent reply
Commercial Mortgage and Personal Guarantee
I have a number of commercial loans for my rental properties. Since the loans are based on the investment and not so much on me personally what is the formula of the amount I can personally guarantee. It is a percentage of income from W-2 and properties? If the taxes show not much income because of advantages of interest, tax deductions, depreciation, etc. does that penalize me. I currently have over $1,000,000 guaranteed. Is it per bank?