March 11, 2015
From time to time, people who are not experienced commercial realty investors call us wanting to get a commercial loan (multifamily or other type), and yet they do not qualify. However, they could qualify for a residential property loan.
How do you know if you are ready to move from residential realty investment to commercial realty investment? There are a number of factors.
First, a commercial mortgage loan has different requirements than a residential mortgage loan. And it is usually harder to qualify for a commercial mortgage loan. What are some of... more