Commercial Loan Coming Due: What to Prepare Before Refinancing
The documents, numbers and timeline to line up when a commercial loan is approaching maturity, with an illustrative walk-through.
Practical guides for borrowers and real estate investors, written by Daniel Eckhouse. Each article includes an illustrative example and links to the related loan program.
The documents, numbers and timeline to line up when a commercial loan is approaching maturity, with an illustrative walk-through.
How investors move from a short-term loan to long-term rental financing, what lenders check, and how an appraisal gap can change the plan.
One loan qualifies the borrower, the other qualifies the property. Learn the difference, who uses each and the mistakes to avoid.
A practical breakdown of down payment, fees, draws, carrying costs and ARV caps, with a worksheet for estimating cash to close.