Commercial Loan Blog

July 19, 2016

We are actually referring to commercial hard money/bridge loans in this article and the previous one titled: Hard Money/Bridge Loans. In the previous article, I wrote about what these types of loans are and possible reasons for needing one. I cautioned investors not to get involved in doing hard money/bridge loans unless they have experience in it, or have an investor partner with experience. It’s not for the new investor to do on…

July 06, 2016

Hard money loans and bridge loans are nearly synonymous. And they are a type of commercial loan that is not a conventional loan. Basically, you get a hard money or bridge loan when you do not qualify for conventional financing. You are lacking something needed for conventional financing.

Also, most often a hard money or bridge loan is temporary financing that gives you time to qualify for a permanent loan. Here are some commercial loan…

June 06, 2016

This article is a continuation of the previous article, which looked at commercial construction loans versus investment real-estate loans. Again, investment real-estate loans refer to commercial properties that have been built.

For a quick review of the previous article, there were 5 things covered illustrating the differences between commercial construction loans and investment real-estate loans. 

There…

May 20, 2016

This article is going to focus on some differences between commercial new construction loans and investment real-estate loans. When we think of investment real-estate loans, we mean loans for existing commercial properties already built.

The following are 5 differences between commercial new construction loans and investment real-estate loans:

April 27, 2016

Welcome to Part 3 on Commercial Mortgages. The focus thus far has specifically been on mortgages. The previous week we went over four key points. Here is a quick summary:

April 11, 2016

The most recent blog article was about some key points to help investors get a commercial property as well as get a commercial mortgage – the emphasis leaned toward getting multifamily properties.This week we will continue along the same lines with some additional key points.

However, to summarize the previous article, we covered the importance of being able to define key terms and key elements concerning commercial investing, and…

March 29, 2016

In the previous blog article, we looked at some major differences between a commercial mortgage and a residential mortgage. It’s so different; it’s like a different planet.

This week we are going to look at some major things you need to know to help you successfully acquire a commercial property and commercial mortgage. The emphasis will be on acquiring a multifamily property and multifamily loan, because multifamily loans are…

March 14, 2016

A commercial loan differs greatly from a residential loan. If you are use to being involved in doing residential loans, welcome to a “different planet.” There are many differences. Thus, you need to have different expectations in having a commercial mortgage versus a residential…

March 01, 2016

Do you want to be successful at something? Get mentored. In the opinion of this writer, this pertains to any area of importance in your life – not only the area of commercial investment and commercial loans, but also other key areas including how to have a good marriage, how to raise children, how to manage money, etc.

How about having a…

February 18, 2016

Some investors shop aggressively looking for the best commercial loan they can find, talking to many loan companies. Other investors may talk to just one loan company and decide on that one. Importantly though, many investors miss the boat when they are shopping for a very good lender. Here are three mistakes investors make in the process of selecting the lender they want to work with.

December 12, 2015

There are commercial property investors, especially those just getting into commercial property investing, who do not treat commercial property investments as a serious business. This can have dire financial consequences.

As Director of Marketing for Business Loan Store, and Apartment Loan Store, I have received many calls over time in which potential commercial…