Question Details

Quaranta, Home Buyer in Bronx, NY

How does a business corporation purchase an investment resident property?

Asked by Quaranta, Bronx, NY Thu Mar 13, 2008

Corporation revenued 65,000.00 last year 2007 and wants to expand and purchase an investment rental property of 3 family or more. I have a 401k 38,000, a house with a outstanding mortgage of 72,000.00 and some debt. The 3 owners of the company has good and fair credit. How would we (the company) purchase an investment home with the least amount of money down.?

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