Back to Course

Understanding Home Ownership- The Beginning

0% Complete
0/0 Steps
  1. Module 1: Understanding Mindset
    9 Lessons
    |
    1 Quiz
  2. Module 2: Understanding What you want your money to do for you?
    6 Lessons
    |
    1 Quiz
  3. Module 3: Understanding The Types of Real Estate Investments
    7 Lessons
    |
    1 Quiz
  4. Module 4: Understanding The Resources
    11 Lessons
    |
    1 Quiz
  5. Module 5: Understanding The Finance
    15 Lessons
    |
    1 Quiz
Module Progress
0% Complete

Commercial Loans

While most of the above options focus  primarily on the residential side of loans, the  world of commercial lending may also be  viable option for your investing. In fact, if  you are looking to buy a property other than  a one to four unit residential property, a  commercial loan is probably exactly what  you’ll be needing.

The commercial lender will still look at your income, credit, and other personal financial  indicators, but only to gain a picture as to your skills financially. What’s more important in the vast majority  of cases is the amount of revenue a property generates.

Additionally, commercial lenders can often extend a “business line of credit” to finance flips or other  investments. Some investors are able to obtain a large “business line of credit,” which allows them access to  cash for house flipping and other real estate ventures.

The commercial lender will still look at your income, credit, and other personal financial  indicators, but only to gain a picture as to your skills financially. What’s more important in the vast majority  of cases is the amount of revenue a property generates.

Additionally, commercial lenders can often extend a “business line of credit” to finance flips or other  investments. Some investors are able to obtain a large “business line of credit,” which allows them access to  cash for house flipping and other real estate ventures.