Commercial loan How did you add value to the deal?

If those don’t align, vacation rental or investment property loans might be better options.

But if you’re going into a 7% loan with little cashflow or appreciation potential I would look for a different buy box. 

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Our agent is not an expert on this type of deal but suggested a short loan term of 3 or 4 years and a balloon payment and written up by a lawyer. 

Use strategic financing options like DSCR loans or interest-only periods to improve cash flow.

@Jose Solis you just need a loan for the land? 

No matter how you do it have a back up plan in the event the mortgage company call the loan due.    

Not all loan officers are created equal so if you call up a branch, you are likely to get assigned someone inexperienced. 

Would anybody in similar position be interested in starting a partnership/s to go in on a loan together?