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)!

Leave a Comment »

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: