Posted by Felix on July 28, 2003 at 23:25:02:
Know a good lender?
Corporate Financing - Posted by Lee
Posted by Lee on July 28, 2003 at 21:06:46:
Need some advice on buying real-estate under my corporation. I’ve heard that if your personal credit is below the 600’s you should consider buying under your companies EIN. Is this possible?
Re: Corporate Financing - Posted by Michael Buddin
Posted by Michael Buddin on August 02, 2003 at 13:54:35:
I recently started a real estate and investment co within the last four (4) months, and because I haven’t been in business at least 2 years I’m having problems getting properties financed. My question is: How do you use you EIN to get financing of real estate properties? I’m coming acroos alot of properties in Detroit, Michigan that after purchase, minor rehab, and resell could pocket 50k - 60k profit. Any help greatly appreciated.
Re: Corporate Financing - Posted by Michael Buddin
Posted by Michael Buddin on August 02, 2003 at 13:40:10:
I recently started a real estate and investment company within the last 4 months. Because I’m self employed and have not been in bussiness for at least two (2) years, I’m having problems getting financed on deals that I can tie up and purchase revivate and still put 50k - 60k in my pocket. My question is: How do you use you EIN to get financed on real estate?
Re: Corporate Financing - Posted by James Strange
Posted by James Strange on July 28, 2003 at 21:27:22:
Sure below 60% LTV.