Ready To Buy A Commercial Property? Private Lending Options You May Encounter
With prices for residential housing continuing its upwards trend, some investors are beginning to take serious interest in acquiring commercial properties as a way to continue expanding their real estate investment portfolios. Investors who are relatively new to the process of buying commercial properties can use the following information to become more knowledgeable about some of private commercial loan types they may encounter.
Hard money loans
Commercial real estate loans meant to be used for a short period of time and funded by private lenders are referred to as hard money loans.