Compare Mortgage Quotes

colum · Posted: Wed Jun 22, 2011 7:25 am Post subject: Commercial mortgage

We (company) have the ability to buy an Multi Family House in commercial mixed zone. House is vacant so we can use also for office, house is believed to our headquarter in Ohio.

Is it possible to refinance this house instantly after we purchased it? Value is $115,000 purchase price well below $70,000 and we want only a 40% LTV mortgage.

Thanks for your responses.

chrisgummerson · Posted: Wed Jun 22, 2011 8:11 am Post subject:

Commercial loans are not regulated as residential loans. If you are paying cash for the property and want to refi shortly after, you can try community banks and private money/hard money lenders in your area.

paydaycashtilpay · Joined: 24 Jun 2011 Posts: 1 1.15 Dollars($)

You can try to get loan from money lenders and the finance houses for this or you can ask any of your frnd who is having money or any contacts which can generate some finance for you .thanks hope u soon be able to buy that house. Take care

sfoasia · Joined: 06 Jan 2012 Posts: 2 1.27 Dollars($)

Refinancing the house quickly would be tough but you must make the big payment then only you will be able to get the refinance the loan.

Company	Loan Type	APR	Est. Pmt.
				Go
				Go
				Go
				Go
				Go
				Go

Compare Mortgage Quotes

Commercial mortgage

Bookmark this page

Helpful References

Calculators

Financial Tools

Our Community

Community Rewards

Followers (252)

455 People like Mortgage

Property State:
Property Type:
Credit Rating:

All times are GMT - 7 Hours

Page 1 of 1