Hi Warrior,
If we determine that the maximum we can lend you is, say, $8k then you'd have to come up with the remaining $42k. Obviously it's not an exact science but if we can get a feel for the market value via recent comparable sales or even traffic/parking revenue that justifies a valuation closer to the $50k then we'd definitely extend more funds.
HTH
Jon
Quote:
Originally Posted by Warrior  One thing I always wanted to know is this; Let's say I find a domain that I want to buy, the lowest possible price I can buy it for is 50K, so I need a loan for 50K, But you the Lender feel the domain is only worth 10K, How much do you loan out on the domain? |