Can I Get a Mortgage On for Construction and Development of a Business?
I am looking to start a business, and need a higher loan. (15 million) Since this is completely a new business,I have no collateral. Could I get a mortgage for the construction, purchase, and development of this business?
One Other note: If I got a mortgage for the property, could I used a mortgaged property for a collateral for a loan?
Thanks For Any Answers and Help!