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Direct lender providing Hard Money, Stated income loans based on property not credit including land loans, multifamily, car washes, office buildings and investment properties. For more link: https://commercialloansoftexas.com/
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Small Balance Commercial Loans Are More Flexible Than Traditional Loans
Small balance commercial loans have both fixed & adjustable rate commercial real-estate loans available. These loans can be acquired with up to thirty year fixed terms for both owner occupied and investment properties. These kinds of loans are more flexible & somewhat identical to residential programs and provide different benefits to the smaller investor including stated income for those that write everything off on their tax returns.
The focus for some lenders is toward loans of a million dollar and under, with a minimum loan size of one hundred thousand. Usually, they’re 2 different programs accessible for small balance commercial loans. The 1st one is identical to a bank type loan which is for investors who can document earnings.
Another advantage of this sort of loan program is that it is not a short-term loan that is a ARM or has a balloon payment. This also has no constant annual financial reporting. As soon as the loan is established & you make your payments, you stay on without having to produce certified financial statements every quarter to keep your creditor happy.
Contact Us Address:26611 Weir Way 77355 Magnolia Texas Usa Phone: (888) 727-3057 Email: texlend( @ )gmail.com Website: https://commercialloansoftexas.com/