We are currently in highest residential housing price bubble ever recorded in US history (Case-Shiller housing Index) so If you buy Cisco in Dec '99, ain't gonna go well for you, probably :)good luck

It was sitting on the market for a few months so I offered well below listing price and the rest is history!

my research shows 2.99% fee with Debit or Credit card to tenant if they pay use these forms of payment.

Also having a higher proportion of revenue generated through the residential component of the building does make financing easier. (3) The exception to the 80% rule I abide by is when the commercial space is leased to a credit tenant with a proven & sustainable business  or where the space presents the opportunity to attract a neighborhood amenity F&B operator (this is most beneficial in instances where you have a larger localized portfolio where these commercial tenants can positively impact the value of your overall residential portfolio).

First of all I put my acceptance criteria clearly in the ad: minimum credit score (enter X amount, 620 is what I use),income 2-3x rent, good rental history, references, no evictions, acceptance dependent upon background check and employment verification, pet policy, desired lease term, etc. so that people will hopefully read that and not come to the open house if they know they won’t qualify.

Can you give a little more insight on your credit?

I have a priority credit line on my brokerage account that is now > 1% lower interest rate than my mortgage.

When I go to my credit union for a commercial loan there is no junk fees, no origination fee or maybe a half point origination and a better rate.

.* Our agents met and we learned that the lowest they'd go was $510 because of a HELOC* We offered $520K with $10K seller credit to be used for closing costs.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?