froghunter
200 Posts |
 Posted - 11/03/2009 : 2:02:45 PM
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Hello,
client wants to buy the house where her elderly care business is and move to the premises as her primary residence. I need some advise please on the best way to do this transaction. The facility is licensed for 6 beds, so Im not sure if it is doable as a conventional loan. Any thoughts? Any good lenders in mind for this type of transaction? Right now the client lives in a condo and will rent it out as soon she moves to the care home (~20% equity in her condo). She has owned the business for 1+ year. She also has W2 job in addition to the business. 700+ FICO. 20 - 30% down. Thanks
Natallia
6504551356 |
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