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Updated almost 4 years ago,
Do banks give pre-approvals for commercial mortgages?
I have reached out to a few banks about commercial mortgages for pre-approval prior to jumping into a BRRRR. I have been told that they don't do pre-approvals because the loans are based mostly off the deal not the person since the property is will be held in an LLC. Has anyone had experience getting pre-approval on a commercial mortgage?