If you need to use 100% of the appraised value, than typically banks/lenders want you to own the property 24 months. If you have owned the property less than 24 months, the lender will use the value from either the purchase price or percentage of the appraised value.  For the longer fixed term loans, you […]
What you should do if you have a commercial seller note?
If you and the seller agree on the rate and terms, I suggest you utilize a note company to track your note payments, taxes and insurance. Running your note payments through a note company will do two things for you. First, you will have proof via the note company that you made your payments on time for […]
What's Closing at Commercial Capital Limited?
cc: by:Â //flic.kr/p/oQZQF4 What’s Closing at Commercial Capital Limited? Here is a look at some recent closings within the last 3 weeks. I like to post these every month or two to just give you a feel for some of the things that are happening in Commercial. The business and commercial lending marketplace is particularly hot […]