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Updated over 6 years ago,
Pitfalls of commercial loans
Can you guys please share about commercial loans?
So my understanding its more complicated than residential loans..
1) Debt to service ratio should be more than 1.2...What does it mean?
2) every 5 years interest rate changes?
3) Plus you have to put 25% down...Is there any way around it?
Double check me please if my understanding is correct...