Tips for Refinancing Your Commercial Loan with Confidence

Tips for Refinancing Your Commercial Loan with Confidence

Refinancing a commercial loan can be a great opportunity for real estate investors to secure a better rate and more favorable terms, avoid balloon payments, and even access equity that they have built up in their property. But the executing a refinance can be stressful – especially if you have never been through the process before.  Here are a few tips to help you stay confident as you refinance your commercial investment property.

3 Mistakes to Avoid When Investing in a Mixed-Use Property

3 Mistakes to Avoid When Investing in a Mixed-Use Property

Mixed-use properties are buildings that functionally and physically integrate a variety of different spaces, including residential and commercial. They can also include entertainment and even cultural spaces.

These types of properties are most common in urban areas where space is at a premium, and because there are so many opportunities for rental potential, mixed-use real estate is becoming increasingly popular among investors. However, there are some common mistakes people make when investing in these types of properties. Today we’re going to talk about what they are and how to avoid them.

3 Ways to Market Your Investment Property to Potential Tenants

3 Ways to Market Your Investment Property to Potential Tenants

There are many reasons why real estate is a sound investment approach, but in order to maximize your income potential and avoid losses, you’ll need to keep your property occupied with tenants. The good news is that there are plenty of ways you can market your investment property to. Here are three of the most successful tactics property owners can use to attract potential tenants.

3 Differences Between Residential and Commercial Loans

3 Differences Between Residential and Commercial Loans

So you’re an experienced investor of residential homes and you’re now interested in investing in your first commercial property.  The process shouldn’t be any different, right?

Wrong.  The process for securing a commercial mortgage loan differs from that of a residential loan in several significant ways.  Investors who are new the commercial arena should take some time to familiarize themselves with these differences so they can feel more confident when it comes time to reach out to potential lender partners.

How to Educate Yourself on Commercial Real Estate Investing

How to Educate Yourself on Commercial Real Estate Investing

Anybody who wants to be involved with commercial real estate, whether you're an owner, an investor, or a small business owner, should have some basic knowledge about commercial lending and investing. There is a lot to know about this field, and the more information you have, the better equipped you'll be to find suitable properties, negotiate the best rates, and advocate for yourself when you need a commercial mortgage or loan. Fortunately, the internet is filled with great resources for commercial real estate education, and today we’ll tell you about a few of the best ones that you can rely on to gain a solid foundation for understanding commercial real estate investments.

Common Mistakes to Avoid When Applying for a Commercial Loan

Common Mistakes to Avoid When Applying for a Commercial Loan

It's a fact: investors seeking commercial mortgage financing are not always successful. Sometimes, investors are simply unable to secure a loan. Other times, borrowers end up burdened by a solution that does not truly meet their needs. The good news is that you can learn from the errors others make. Here are some of the most common mistakes and smart tips for avoiding them as you apply for your commercial loan.

5 Tips for Becoming a Successful Landlord

5 Tips for Becoming a Successful Landlord

The role of the landlord is varied, and the responsibilities placed on you could affect your life, your livelihood, and the lives and businesses of others. Some of the most important secrets to being successful include having measures in place to protect yourself, being able to choose tenants wisely, and knowing and following through with your duties. With that in mind, here are five great tips you can use to be successful at managing a duplex or multifamily unit as a landlord.

How to Know if you’re Ready to Invest in Multifamily Properties

How to Know if you’re Ready to Invest in Multifamily Properties

Investment decisions require a great deal of thought and preparation, and investing in a multifamily property is no different. But if you're new to real estate investing, it can be difficult to gauge whether or not you're ready to make the leap.

However, there a few key characteristics that successful multifamily investors have in common. Check yourself against the following indicators to see if you’re ready to investment in a multifamily property.

Debunking 3 Commercial Loan Myths

Debunking 3 Commercial Loan Myths

There's a great deal of misinformation out there about real estate and investments, including a number of commercial real estate myths that can lead to bad decisions. In order to set the record straight on a few of these points, we’ve compiled a list of three top myths circulating out there, as well as the accurate information you need to make sound decisions about your investments.

Should You Buy Down Your Rate on a Commercial Loan?

Should You Buy Down Your Rate on a Commercial Loan?

Saving money when you buy a commercial property is always a bonus, especially if you can find a way to save in the long-term, such as by negotiating a lower interest rate. In fact, securing a commercial mortgage with an interest rate that’s even just slightly lower could save you thousands of dollars over the course of the loan. With that in mind, let’s talk about a lesser-known option for a lower interest rate: the loan buy down.

What to Look for When Purchasing Your First Commercial Multifamily Property

What to Look for When Purchasing Your First Commercial Multifamily Property

Buying your first multifamily property is an exciting prospect, but it’s important to walk into the process with a great deal of information before you dive into a purchase. This includes knowing what you want and having a plan, understanding the importance of location, being able to see the rental potential of a property, and knowing how to protect yourself from bad decisions.

When is it Smart to Take Cash Out of Your Investment Property Mortgage?

When is it Smart to Take Cash Out of Your Investment Property Mortgage?

The point of a residential or commercial cash-out refinance is to refinance your mortgage while also taking out a cash loan against the equity you have in the property, and this can help investors to achieve a number of goals. Today we’re going to talk about different cash-out scenarios and discuss how you can determine when the time is right for you to take advantage of this financing option.

3 Steps to Take After a Bank Denies Your Commercial Loan Request

3 Steps to Take After a Bank Denies Your Commercial Loan Request

You put a great deal of time, thought, and effort into your commercial mortgage application, and there's nothing more devastating than getting that rejection notice saying your loan was denied. Although it might be tempting to throw in the towel and give up, a better approach is to alter your application strategy and try again. Here are three reliable steps you should take right now if a traditional lender has denied your request for an investment property loan.

Advantages of Non-Bank Commercial Mortgage Lender Options

Advantages of Non-Bank Commercial Mortgage Lender Options

Sometimes commercial real estate investors and owners make the mistake of thinking that a traditional bank is the only option when it comes to a commercial lender for their commercial mortgages. But the truth is that non-bank lenders are a viable, reliable, and often superior alternative to banks because they can offer less stringent approval requirements, increased flexibility, and more personalized service. If you're in the market for investment property loans and are looking for options, here's what you need to know about the benefits of non-bank lenders.

3 Tips for Preparing a Multifamily Property Rent Roll

3 Tips for Preparing a Multifamily Property Rent Roll

The rent roll is an important tool for multifamily property owners or investors for a variety of reasons, and chief among them is that this document makes it easier to analyze the financial potential of a property.

If you’ve never prepared a multifamily property rent roll before, here are three great tips to help you get started and put yourself in a better position to secure multifamily commercial loans.