You must be approved for a commercial mortgage if you don’t have the financial resources to buy a commercial property outright. Purchasing commercial property is considered more of an investment than a necessity. To get a new commercial mortgage or refinance an existing one, you must find a lender specializing in commercial loans. Find a Lender Who Will Work with
As per the majority’s expectations, the real estate industry didn’t come out of the COVID-19 pandemic unscathed. The National Delinquency Survey by the Mortgage Bankers Association (MBA) reported a nearly 4% increase in the home loan delinquency rate for one-to-four-unit residential properties in December 2022. But how can mortgage delinquencies affect real estate, and how can you navigate the challenges
Most lenders will consider your personal and probably business credit score when you apply for a small business loan. As discussed below, your personal score often determines the type of financing you might qualify for, loan amount, and even interest rate. What Credit Score Do I Need for a Small Business Loan? A credit score of 670 or higher is usually
If you’re considering investing in trust deeds, you may wonder whether that’s the best decision ever. Perhaps your current portfolio includes stocks, commercial property, or even bonds. However, trust deed investing has many benefits as an alternative or addition to most traditional options for generating fixed, passive income. Here’s a look at some key perks of investing your money this
Real estate is one of the most secure ways to invest your savings. However, sometimes you want to put your money into an investment property without ever owning, repairing, or managing it. One of the most rewarding ways to do this is by investing in a high-yield trust deed because you don’t have to purchase any property in this case.
Are you searching for an affordable and flexible residential or commercial property mortgage? A traditional lender like Silicon Valley Bank or SVB may not be the ideal place to start looking right now. Before explaining why a more stable private lender may be more appropriate for your situation, let’s examine what transpired with Silicon Valley and similar banks. Recently, SVB
If you’re considering purchasing a new home as an investment, it’s crucial to arm yourself with the right knowledge and strategies to secure the best deal possible. However, when you work directly with a mortgage loan expert, the journey becomes more clear and simple. Here are five essential mortgage tips to consider before planning your search for purchasing a home.
Suppose you want to invest in a business that rents property to tenants. You’ll need to learn about non-owner-occupied mortgages and special home loans for properties to be used only as rentals. While these special loans are like home loans, it’s essential to understand the differences. Here are crucial facts you should know about a non-owner-occupied loan. What Is a
Commercial property investors can be incredibly successful if applying the right marketing idea for commercial real estate. You’ll need funding to establish your career, and you’ll need to assess the right marketing channels for your business. Here’s a look at effective marketing ideas that can boost your commercial real estate venture. Ideas to Enhance Real Estate Advertising Real estate advertising