April 27, 2016
Welcome to Part 3 on Commercial Mortgages. The focus thus far has specifically been on mortgages. The previous week we went over four key points. Here is a quick summary:
April 11, 2016
The most recent blog article was about some key points to help investors get a commercial property as well as get a commercial mortgage – the emphasis leaned toward getting multifamily properties.This week we will continue along the same lines with some additional key points.
However, to... more
March 29, 2016
In the previous blog article, we looked at some major differences between a commercial mortgage and a residential mortgage. It’s so different; it’s like a different planet.
This week we are going to look at some major things you need to know to help you successfully acquire a commercial... more
March 14, 2016
A commercial loan differs greatly from a residential loan. If you are use to being involved in doing residential loans, welcome to a “... more
March 01, 2016
Do you want to be successful at something? Get mentored. In the opinion of this writer, this pertains to any area of importance in your life – not only the area of commercial investment and commercial loans, but... more
February 18, 2016
Some investors shop aggressively looking for the best commercial loan they can find, talking to many loan companies. Other investors may talk to just one loan company and decide on that one. Importantly though, many investors miss the boat when they... more
December 12, 2015
There are commercial property investors, especially those just getting into commercial property investing, who do not treat commercial property investments as a serious business. This can have dire financial consequences.
As... more
December 18, 2015
The answer is simple. If you are looking to purchase or refinance a multifamily property (defined as 5 or more apartment units), Fannie Mae and Freddie Mac are the best loan... more
December 02, 2015
In the previous article, fundamental points were covered having to do with a type of multifamily construction loan called an FHA construction loan. It is a great type of loan if you want to put less money down, get a great rate, and be able to keep your loan for a long time – 40 years.
In today’s article, I am covering the qualities to look for in a good commercial construction lender. It is known that the selection of a good lender is paramount to successful property investment. But, if you know the fine points to be able to select a great lender, as... more
November 19, 2015
Recently I posted an article entitled "Commercial Construction Loans, Deconstructed" Here are two key points I made:
November 10, 2015
One type of commercial loan is a commercial construction loan. It is quite a complex type of commercial loan and not for someone to jump into without quite a bit of experience, without quite a bit of knowledge, or without a partner who is experienced.
Why is doing a commercial construction loan such a complex type of loan? It's because there are so many additional parts to a construction loan than a simple non-construction commercial loan such as multifamily or self-storage. And this means so many more skills that are needed having to do with building, and... more
