When it comes to purchasing or refinancing a commercial property, both seasoned veterans and first-timers are likely to begin the process by conducting a fair amount of research on the type of loan they will need to secure.
Commercial Mortgage Insight Blog
Business owners and investors looking to refinance their commercial mortgage have big decisions to make. Deciding which lender to engage, what type of loan to secure, and which terms to accept takes foresight, experience, and a healthy amount of knowledge.
Real estate investors in competitive markets are always looking for the next big opportunity. These days, many are carving out a new niche for themselves by investing in multifamily properties, such as duplexes or small apartment buildings.
Commercial Direct Managing Director Leslie Smith was recently featured on WFN1’s CEO Money Show. The program, hosted by Michael Yorba, is broadcast on iHeartRadio and focuses on “businesses, people, and stories that reflect positive financial outcomes.” During the broadcast, Mrs. Smith described how Commercial Direct’s customizable loan platform can benefit investors and small business owners […]
Planning a commercial mortgage refinance or purchase? At the beginning of the process, a lender will give instructions listing the amount of documentation they need to launch the transaction. But unless you’re a real estate expert, you may not be familiar with some of the terminology used at that stage.
While residential mortgages are often 30 years in length, a typical commercial bridge loan may have a term of only a year or two. This can be a great benefit in many instances – as an example, you may want to secure a short-term loan right now so you can make property improvements before refinancing […]