Credit Access
» Credit Access, Volume 8, Issue 7, 2008
If respondent is the owner AND owns investment real estate property, including undeveloped land, commercial or residential buildings, or other real state assets, not including their business or home AND has a mortgage on that property.
19e. Was one or more of the mortgages taken out on this property to provide capital for your business?
| Response | Owns Mortgaged Investment Real Estate | All Small, Employing Business Owners | ||
|---|---|---|---|---|
| 1 | Yes | 11 | 3 | |
| 2 | No | 89 | 97 | |
| 3 | DK/Refuse | 0 | 0 | |
| Total (%) | 100 | 100 | ||
| N | 170 | 690 | ||
Notes: Eleven (11) percent of small employer/owners who own investment real estate, including undeveloped land, commercial or residential buildings, or other real state assets, not including their business or home AND have a mortgage on that property, took out one or more of the mortgages on this property to provide capital for their business (Q#19e). Two percent of small employer/owners took out one or more mortgages on investment real estate, including undeveloped land, commercial or residential buildings, or other real state assets, not including their business or home, to provide capital for their business (Q#19e).
