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Commercial Lending
Hi,
1. I make 40k a year, would I be qualified to get a commercial loan?
2. How is commercial loan different than personal loan?
3. I already own a house, mortgage is 1400 per month and someone is paying 1600 and I want to buy an apartment building is it possible with my salary of 40k?
4. How do people normally do this?
5. In your opinion is it better to buy houses and rent it out or buy commercial property like an apartment building and rent it out or buy an office and rent it out? What do you guys think is more profitable?
6. Is commercial loans really hard to get?
Thank you again.
Judy