Once made, however, these loan terms are unenforceable unless this is a commercial property.

It means mass failures of regional banking because that's who holds majority of this commercial financing and what are they going to do with a property nobody will buy, or due to such change of numbers can only offer 30 cents on the dollar, where does the other 70 cents come from?

I utilize these products but more for commercial multifamily where they build in an interest only period, 30 year amortization schedule, and the bank funds as much as 100% of the construction costs.

Specifically, we have a commercial property in California that recently had a massive increase in the fire insurance premium.

I also may or may not work intern at a commercial brokerage this upcoming semester with Cushman & Wakefield.

Do I need commercial insurance?

Investment Info:Large multi-family (5+ units) commercial investment investment.

Does it have to be specifically a hospitality appraiser or can just a commercial appraiser do it?

In fact, given the success I had on my first commercial deal (bought, rehabbed and flipped an 18000 ft light industrial building and netted $500K in 24 months), I'm not even sure I want to do residential going forward. 

But my primary focus is commercial property, I rarely engage in a residential property transaction, especially don’t  with a homeowner.