VirginiaReynolds.com

Where do you look for commercial loans involving the purchase of real estate?

I’d like to purchase an apartment building. Is this considered a commercial loan and where do you go to find them and what kind of qualifications are necessary? Is it the same as getting a mortgage where you need 20%? Or is it a little different? I don’t have many liquid assets but have found a good building?

Be the first to like.

Like

Unlike

Tags: apartment building, loan, Building, Business Finance, commercial loan, liquid assets, Have, getting a mortgage, real estate, mortgage, commercial loans

Recommended:

JVZoo Product Feed

DynaThemes Multi-sites DynaThemes is a new feature rich WordPress framework theme designed with internet marketing in mind.
Warrior Street Cred Warrior Street Cred is a 7 Module, Watch right over my shoulder, all HD Video Training Series that shows you how to successfully launch an information product on the Warrior Forum. I have included a bonus module called "Super Simple Sales Letters" for you
BigGameBlogging Pro blogging is all about connecting with a hungry audience of buyers. You give them what they're looking for and they'll continue to come back to your blog day after day. With a loyal following like you're about to have, you'll be able to make money ove

Share on Facebook

One Response to “Where do you look for commercial loans involving the purchase of real estate?”

Landlord says:

August 27, 2011 at 5:56 am

You need an investment loan. You will need 20-25% for a down payment, but other then that they are like any other loan. The qualifications are the same, there is no such thing as a sub-prime. You also have to have funds to make the payments in the case of no occupancy. You can not use rent from this apartment to secure your loan.