I’m a real estate agent but unfamiliar with commercial real estate. I was hoping to finance a commercial building for a multi-purpose center in the name of my real estate business. I’m not sure what type of financing would be appropriate or how to categorized this venture. Any information would be helpful.
Great question! We have some good information on just this type of financing. You can refer to our article on commercial real estate loans (http://fitsmallbusiness.com/commercial-real-estate-loans/) as well as our detailed guide on buying vs leasing commercial real estate (http://fitsmallbusiness.com/buying-vs-leasing-commercial-real-estate/).
We also have an upcoming article that addresses mixed-use financing that should be published within the next few weeks. In the meantime, I would look into mixed-use loans and mixed use financing, as these can finance spaces that have units that are zoned for multiple uses.
I hope these articles help!
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