cc: by: //flic.kr/p/oQZQF4 Multi-family Lending Stays Hot!  What’s Closing at Commercial Capital Limited? For years, multi-family lending has been the darling of commercial lending. It remains the favored asset class despite years of rallying. It is not unlike the stock market, just keeps going positive. FNMA and FREDDIE Mac are the big coveted lenders […]
What are the options of refinancing a commercial property after first year of ownership?
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 […]