Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago on . Most recent reply

Acquiring loans for pertnerships
Good evening BPers,
What are some ways for securing financing for a partnership?
Does the partner with the strongest credit step up and get the loan with a personal guarantee? Does the bank use the credit of 2 or more partners? If so then how does that effect the interest rate if 1 partner has great credit and another has not so great credit?
Any answers/ideas would be greatly appreciated. Thank you!