Commercial
What is a realistic timeline to close a commercial bridge loan?
I need to close on a value-add multifamily deal in 30 days or lose the purchase contract. The property is 60% occupied. Can a bridge lender...
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Commercial
SBA 7(a) vs SBA 504 — which is better for buying an owner-occupied commercial building?
My business is currently renting office space and I want to buy the building. A broker mentioned both SBA 7(a) and SBA 504 could work. The b...
gahouse
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8 months ago
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344 views
Commercial
Does a commercial property need to be stabilized before qualifying for a Fannie Mae multifamily loan?
I own a 12-unit apartment building that is currently at 75% occupancy. I have been told I need to stabilize to 90%+ before refinancing with...
inetstreet
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10 months ago
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215 views
Commercial
How do lenders verify income for DSCR loans if I have no W-2?
I have several rental properties and all my income is from rents. I don't have a traditional job or W-2. I've been told DSCR loans qualify b...
testme
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11 months ago
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431 views