Venkateshwar Bejgam
Insider Tips For Commercial Finance For Real Estate Investment
Commercial real estate is property that is used only for business purposes and that are leased out to provide a workspace rather than a living space.
Real estate purchase loans are similar to fixed-rate and adjustable-rate commercial mortgages. To qualify for this type of loan, borrowers must have excellent credit scores of 700 or higher and significant savings in both business and personal bank accounts.
A joint venture loan may be appropriate when all parties will share in a property's profits and losses equally. This type of loan can be advantageous if neither party can obtain proper financing separately. Private investors and investment firms usually offer joint venture loans.
In a participating mortgage, the lender is allowed to share in part of the revenue generated by a commercial property. The lender receives its monthly mortgage payment, along with interest, as well as a share in the property’s rental income or sales proceeds.
Venkateshwar Bejgam is a commercial loan officer in Premier Global Capital at Helena MT USA, Who provides service related to real estate.