Not exact matches
In order to remedy this, the world of
commercial finance offers a number of affordable and accessible alternative lending products to business
owners and
property investors who would otherwise
get turned away from banks.
In other words (a) save capital and
get real estate education first (b)
get an
owner occupied residential, not
commercial property with a short mortgage to build equity faster (c)
get a distressed commerical 10 or 12 unit, using cash from your paid off residential
property, (d) improve the cash flow in the distressed
commercial property and stabilize it and finally (e)
get your next 10 or 15 unit
property and repeat the process.
Marketplace lending, also known as a peer - to - peer platform, gives foreign investors the opportunity to
get involved in the financial side of
commercial real estate without the headache of having to manage
commercial real estate as an
owner or part
owner in the
property.
On the
commercial side,
property owners would
get a tax credit of up to $ 2.25 for every square foot of their building that incorporates energy efficiency measures.
In fact this week I put an offer in on another apt /
commercial property which looks like it will
get done once negotiations are completed, and am currently talking to a 3rd
property owner and trying to
get him talked into selling to me on contract.
NAR says households with «underwater mortgages» should
get the same tax treatment that's available to
owners of
commercial and investment
properties.
Your rates will be higher than you see for
owner occupied residential mortgages, but you can easily
get a 20 to 30 year
commercial loan with a 70 % LTV on your
commercial properties in the 5 % range these days.