By now you’ve probably noticed that there are dozens of loan types when it comes to securing funding for a commercial real estate property project. Whether you’re purchasing land for the sake of developing on it, rehabbing an existing property, or building a property from the ground up—you need funding. Most investors turn to commercial...
Owning or if you are considering purchasing an apartment building (multifamily building) can be a high-maintenance undertaking that can be even more complicated without appropriate financing. You need to find the right lender to obtain a commercial loan to finance your apartment building. Unlike conventional mortgages, commercial loans vary in rates, terms, fees and overall...
If you have ever searched for a commercial loan, you might have come across two different types of loans, secured and unsecured loans. Unsecured loans often come with a higher interest rate, but they work without collateral. Secured loans need collateral to reduce the lender’s risk, and borrowers need to pay a lower interest rate...
