Buying, selling and operating apartments in Portland

Financing Basics | 17 April 2010

If you do not have a commercial mortgage broker or bank selected, make this a high priority before you write an offer.Financing commercial property is very different from residential real estate. Commercial property is financed based on how well it generates income to pay back the loan. Before you sign any loan understand the basic terms & conditions (including rate, fees, impounds and pre-pay penalties)!

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