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 (https://fitsmallbusiness.com/commercial-real-estate-loans/) as well as our detailed guide on buying vs leasing commercial real estate (https://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!
You must be logged in to reply to this topic.
315 Madison Avenue, 24th Floor
New York, NY 10017
Disclaimer: We spend hours researching and writing our articles and strive to provide accurate, up-to-date content. However, our research is meant to aid your own, and we are not acting as licensed professionals. We recommend that you consult with your own lawyer, accountant, or other licensed professional for relevant business decisions. Click here to see our full disclaimer.
Product or company names, logos, and trademarks referred to on this site belong to their respective owners.