Save My Real Estate Deal

Well it's that time of year when one gets caught up in the hussle and bustle of the season...heck, I have been, since it's been 14 days since my last entry!

Anyways--give yourself a gift this year. Instead of trying to make your home loan work, take a look at buying a commercial property. 

Commercial lenders have more money that residential lenders. Commercial loan programs are still offering up to 97% financing to $1,000,000 for owner occupied builidings/business and up to 90% for investors.

Commerical loans can be amortized as fixed rates over 30yrs.

When you lease your building, over 60% of all leases require the tenants to not only pay the rent, but whole or in part of the owners taxes, insurance and maintenance costs (called triple net).

Commerical lenders look at the property first as the qualifyer for the loan and the borrower second.

So, if you are not sure on the residential market--then getting into commercial real estate may be a better choice--call me now.