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Updated over 4 years ago,

User Stats

53
Posts
8
Votes
Felix Torres
  • Chelsea, MA
8
Votes |
53
Posts

Commercial Real Estate Loans

Felix Torres
  • Chelsea, MA
Posted

Hi everyone,

Can anyone explain how commercial loans work. Is there such thing as an owner occupied commercial real estate loan? What steps do I have to take to get approved for a loan?

I am very interested in a commercial property in my area. It currently has two businesses that don't really have business. I plan on being an owner occupant of the property by putting in my business. I hope with the information I receive, I can apply this and get the ball rolling on the property.

Thank you,

Felix

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