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Updated over 7 years ago on . Most recent reply

Ned Micic's profile image
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Ned Micic
  • from Wayne, New Jersey
  • Member since Apr 11, 2016
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Ned Micic's profile image
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Ned Micic
  • from Wayne, New Jersey
  • Member since Apr 11, 2016
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Ned Micic
  • Wayne, NJ
4
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23
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Private Lending & Conventional Mortgage Advice

Financing for a commercial property

Ned Micic
  • Wayne, NJ
Posted
Whats the best way to finance for a commercial property? I'd like to get a fixed rate over 30 years but rates are around 8-9%. Is there any other way to finance a commercial property to get a lower rate?
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
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Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Low rate, 30 year fixed loans exist in the residential market only because there are government policies that subsidize those loans.  You won't find that for commercial loans.

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