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27 August 2024 | 6 replies
It’s entirely likely you would have to switch insurance products - going to a commercial policy - but check with your carrier.
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26 August 2024 | 3 replies
For the zones you will be in, find out the Set back rules for Front/Back/Sides/next to residential/commercial.
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27 August 2024 | 16 replies
To add some context, it has been hard to sell condo units in old buildings in Little Havana for the same reason, and lately there have been more commercial deals done on entire buildings to demolish them and build new ones with extra unit under the Miami21.
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26 August 2024 | 11 replies
Commercial financing is similar to residential DSCR in that it looks at the income vs debt.Happy to discuss further!
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27 August 2024 | 7 replies
That plays a role.3) Where this gets complicated is you are doing commercial financing.
27 August 2024 | 2 replies
It has three residential units and 8 commercial units.
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27 August 2024 | 3 replies
You'll likely have to go the commercial loan route.
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26 August 2024 | 17 replies
Unfortunately this is common with DSCR and commercial loans.
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26 August 2024 | 24 replies
I don't qualify for any more conventional loans so now I need to go the commercial route.