I am considering my first foray into commercial property.
What is generally the maximum LVR for commerical property? I am particularly thinking of purchasing CBD office space.
Thanks
RLHey RL,
The commercial lenders will generally offer around 65-75%. They used to be a bit better but this week some of the major lenders have tightened their commercial credit policy and these guys will now only fund you up to 65%.
At least two other lenders are currently offering very competitive rates for commercial loans: we're talking below 6.50% which is CHEAP as I find the returns on commercial quite a bit higher than resi, plus tenants pay outgoings. You will also get this about 70% LVR.
Drop me an email if you want some further details.
Cheers,
Hi, there are many places available today online for your need. I cannot personally quote the name of any person as I have not hired an agent as yet. I had rented an apartment from listings by an online source.
______________________________
Detroit Airport Dtw limo service
You must be logged in to reply to this topic. If you don't have an account, you can register here.
