Sometimes, a commercial policy (businessowners or package) is used but generally that is more expensive. 

Most require skin in the game on deals and work like this:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 Max Loan: 65-70% of After Repair Value(ARV) 100% Rehab Financing Available (Most Deals require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

So I started trying to get creative on how to create a win-win-win for all.Here’s how it went down:I got the sellers to agree to an asking price of $180k, a full $40k over what they originally wanted.In the offer, we included a seller credit of $34k.This strategy allowed me to cover the extra commission for both the buying and selling agents and ensure the seller got exactly the cash they wanted should they have sold it at 140k.With the seller credit, this reduced my total out-of-pocket expense to just $6k.I used a commercial DSCR loan product with a local bank.

They customarily will have a commercial/construction lending division.

I am primarily a commercial RE investor but also had a 50+ unit SFR portfolio..  

I've noticed a lot of confusion and forum posts seeking guidance on 'commercial' mortgage financing for apartment complexes of 5+ unit up to 20-100+ units.

Hello fellow investors,After running my real estate company for 10+ years, and completing numerous value add plays, I am looking to scale up and go after bigger (commercial) projects. 

That kind of sounds like some of the NYC lofts that were converted from commercial spaces.

would like to connect with Commercial real estate agents in the area and with or with experienced investors Thank you!!

would like to connect with Commercial real estate agents in the area and with or with experienced investors Thank you!!