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My New Blog
Commercial loan for investors and buyers of large number of rental properties
Recently closed a commercial loan for 19 different single family homes in Contra Costa County; this one loan holds all 19 properties at a low rate, 4.75%, and provided cash out to client, so that he could continue to invest. This property was financed by commercial loan, which are exempt from FNMA limits for number of loans in a portfolio. Plus this type of loan can be made to accommodate the sale of properties within the portfolio, and the purchase of new property to add into the portfolio.
Posted in:
commercial lending
and tagged:
Investor loans
Posted by Chuck Green on October 29th, 2015 2:30 PM
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