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Updated over 5 years ago, 08/03/2019
Commercial Financing verse Residential Financing
I have an opportuity to pick up a 6 unit rental in Northern California that looks like it will run a 14% COC Return. My question is commercial financing would need to be used. How does commercial qualify you /property verse the way residential qualifies a buyer for investment property. Does the property stand on its own and the loan would not reflect on my personal credit or would a commercial loan still use my personal credit.