Buying a commercial property can be complicated, even for seasoned commercial real estate investors, let alone a first timer. What makes it easier is to have a team of experts on hand that will help you through the process.
Luke Gooch of Simple Commercial Capital arranged for a $895,000 commercial real estate cash-out refinance with no restrictions for a mixed-use property in Clayton, North Carolina. Key terms of the CRE loan included:
Whether you are in the market to purchase a multifamily property, refinance a multifamily property, or even build a multifamily property, there are many factors to consider when it comes to financing. What rate, term, leverage and structure will be best for your investment or project?
The largest cities (Charlotte, Raleigh, Durham and Greensboro) have seen incredible growth in the past few years. If you are interested in taking advantage of one of these hot markets and would like a trusted advisor to walk you through the lending process, we are here to help.