All Forum Posts by: Samuel W.
Samuel W. has started 5 posts and replied 11 times.
Post: Financing question concerning a 40 unit apartment complex.
Samuel W.Posted
- Investor
- Cleveland, OH
- Posts 11
- Votes 4
My business partner and I are looking to purchase a 40 unit apartment complex. We collectively have 25% to put down on the loan. For context regarding our respective financial situations, my business partner and I both collect a $250,000+ salary each from our corporate jobs.
Will the bank require me to put my house as collateral? If so, how can I avoid this.