As a newer commercial real estate investor, you may be wondering whether small-balance real estate loans are a good option for you to help grow your commercial real estate portfolio.
A small balance commercial loan cover loan amounts from $100,000 to $2,000,000 and are available to fund various types of properties including:
Mobile Home Park
Day Care Centers
Here’s a look at some of the benefits of using small balance loans:
– Small-balance real estate loans offer more flexible underwriting guidelines than traditional loans, making them a great option for newer investors who may not qualify for a traditional loan.
– Small balance real estate loans also offer full doc, and lite doc, so you can choose the option that best suits your needs.
– small balance real estate loans also offer no docs options, which is ideal for investors who want to avoid the hassle of providing documentation.
– small balance real estate loans also offer competitive rates and flexible down payment options that help make your next deal profitable.
Overall, small-balance real estate loans are a great option for newer investors who want to get started in the commercial real estate market. With more flexible underwriting guidelines and a variety of loan options, small-balance loans can help you get the financing you need to get started in CRE.