Best Commercial Real Estate Loan in Miami Lakes, FL
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Commercial Real Estate Loans
Commercial real estate lending is given through the usage of funds to finance the income-producing property to refinance or restructure current real estate financing and to buy troubled or non-performing loans (NPLs). Most real estate lending is used for refinancing or for purchasing real estate, with lending for property growth and lending for unsecured real estate making up the remainder.
Commercial industrial loans
In commercial real mortgages, you can take out a mortgage to fund the acquisition of your property. Real estate loans subsidize real estate acquisition or remodeling and fund a part of the expense. Many commercial real estate loans demand that you own the property, as well as live on-site in 51 percent. If the property would not be used as an owner-occupied home, the borrower will profit from taking an investment property loan.
Mixed-Use loans
An approach to property financing which applies to properties with multiple uses, including residential, commercial, industrial, and institutional. Case legislation requires a house with two or more non-residential purposes to qualify for mixed-use financing. We specialize in Mixed-Use property loans at Commercial Real Estate Loan Pros of Miami in Miami Lakes.
Both company owners and real estate developers want a loan that has a mixed-use property. Company owners will always remain in the commercial unit and work out of the residential unit while real estate developers will serve as the landlord for both the residential and commercial tenants.
Multi-Family loans
Commercial mortgage loans, also called commercial loans, are intended for the rehabilitation of multifamily real estate with five units or more. Loans usually vary from well over $500,000 to just over $10 million. Interest rates, lending rates, and down balance conditions can differ based on the individual loan program.
Private money loan.
Private money loans, which may also be referred to as private money, is a loan provided to a person or a company by a private entity or individual. The company or agency is defined as “a private money lender” Private money is provided by private interests without the legislative supervision needed by a bank or lending entity.
Hard money loan.
A hard money loan is a short-term loan used before an individual or company either secures permanent funding or lifts the loan liability by disposing of the property. Interest rates on hard money loans are greater than for traditional or bank loans which are shorter-term. Hard money loans or bridge loans that last 12 to 18 months.
Construction Loan
Construction Loans are important for company owners who wish to establish or grow their business. Both companies need a place to operate, but construction is costly, whether it’s constructing a new space, or remodeling an existing one. Commercial Development Loans are intended to provide financing for developers who need money to secure a company.
There are so many areas or regions where we offer these services with most of them being cities.
However, if you need any of these services, you need to contact us. The list below comprises the areas where we offer these services.
We service all counties and cities throughout South Florida. However, if you need any of these services in other cities throughout the state of Florida, please contact us. See what services we offer below: