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How can you obtain commercial loan to build apartment/ office building in Central Asia? My company is building our second multi use (apartments/offices) complex, and we are in need of obtaining a little (about 400k) loan. We have enought asset to use as a leverage, but looking to work with US financial services. After the completion it is estimated to worth around $1.7m.
By Posted on 08/26/10 Total Answers 1
Answers-
get your loan in the country where you're going to build it -- best chance. for only 400k, no US bank wants to spend the money it'll take to do serious due diligence and perfect the mortgage against the central asian property. yes, you can do this if you have western property to use as collateral.
Answer by : Spock (rhp) On Date 2010-08-26 17:01:36

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