You’ve probably considered purchasing a commercial building or other rental real estate as a way to grow your wealth. However, if you want to buy an investment property, you should get the timing right. The months of November and December tend to bring some of the best real estate bargains you could ever dream of. Here are some reasons to
The rate of mortgage fraud has declined over the last decade, as per the United States Sentencing Commission. In fact, the most recent report, dated August 2022, indicates that the number of mortgage fraud offenders has gone down by 69.9% since the 2017 fiscal year. While this is a positive report, the commercial mortgage fraud scheme is still active, so
A real estate agent has to go through several phases to successfully complete a deal, including finding a potential seller, marketing the property, communicating with the buyer, fixing prices, etc. Among these, the most difficult part is negotiating the amount and finalizing the deal. That is why Fidelity Mortgage Lenders, Inc. is sharing some tips to help you close the
The commercial real estate vs residential property debate is as relevant today as it’s been for decades. Both investment options allow you to expand your portfolio, qualify for tax benefits, and pursue financial freedom. Still, it’s not easy to choose between CRE and RRE especially if you don’t have sufficient knowledge of the industry. Deciding whether commercial properties are better
There’s no doubt that personalized lending can drive long-term success for any commercial property or non-owner occupied real estate business. Our deal stories are a living testimony to this—demonstrating how quick and flexible Fidelity loan options enable property owners and investors to achieve consistent growth. By always tailoring mortgage products and trust deed investing solutions to the needs of our
Commercial real estate loans are usually used to buy, refinance, or rehabilitate commercial, industrial, and other non-owner-occupied properties. These include hotels, office buildings, warehouses, medical facilities, multi-unit rental buildings, and land where you can build these kinds of property. Lenders usually underwrite commercial loans based on the expenses and the income that a property will generate. Read on to understand
Business premises are either purchased or leased. The latter option entails renting a commercial property for a specified duration that can be extended depending on the terms of the agreement. On the other hand, buying involves acquiring commercial property either with a loan or purchasing it outrightly. To decide whether you should buy or lease commercial property in Los Angeles,
Mortgage rates have changed dramatically providing a chance for many prospective real estate investors to become landlords. The ongoing economic instability doesn’t have to stop you from taking a mortgage for rental property. Once you’re a landlord, your rental income could help you navigate the financial chaos more smoothly. Here’s a look at what’s required to get financing for this
Real estate properties for rent are a sound investment option for most small businesses. To acquire a commercial rental property, entrepreneurs can seek out a capital injection from other investors or seek other finance alternatives. Prospective financiers include established national banks, online firms, and investor-focused lenders. You can use a commercial mortgage to invest in a mixed-use business building, office