HOW TO SECURE A COMMERCIAL REAL ESTATE LOAN EASILY
Commercial real estate is an income-producing property used solely for business, rather than residential purposes. It can be anything from retail malls to shopping centers, office buildings and complexes, and hotels. Commercial real estate loans can be used to purchase or renovate commercial property. However, the lenders require that the property be owner-occupied, meaning that your business will have to occupy at least 51% of the building.