All Topics / Finance / Commercial Property – 2nd Mortgage

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  • Profile photo of Dreamer1Dreamer1
    Member
    @dreamer1
    Join Date: 2003
    Post Count: 9
    August 27, 2004 - 3:39 am

    I am branching out from resident properties and start to look at commercial property. However, getting financing is a lot harder. It seen that there is a different game altogether. I just wondering if anyone can help me or direct me into how to get a 2nd mortgage to pay for the deposit and fees.

    I have not trouble getting 105% finance for resident in term of vendor finance, using bank valuation etc…but I can’t seen to do it for commercial property. Can anyone help?

    Regards,
    Dreamer

    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781
    August 27, 2004 - 4:25 am

    I would suggest you get yourself a good broker on your side.

    All the best,

    Simon

    Simon Macks
    Mortgage Broker
    http://www.mortgagehunter.com.au
    0425 228 985

    NODOC Loan – 65% Loan – No questions asked!

    Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Viewing 2 posts - 1 through 2 (of 2 total)

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