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Updated about 4 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Alex Pettingill
  • Property Manager
  • Corpus Christi, TX
0
Votes |
2
Posts

First Commercial Loan

Alex Pettingill
  • Property Manager
  • Corpus Christi, TX
Posted

Hey all,

Long time lurker, first time poster here. Looking for some insight on what banks look for when underwriting a commercial loan. I know there has to be some nuances compared to a conventional.  

I've bought and sold a few properties now, to include a flip I just sold. 

There is a property Im looking at that is relatively cheap ($200k) if that makes a difference. I'm thinking being able to throw a sizeable down payment will help my odds with getting approved.

Any insight is appreciated!
 

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