pros and cons: Investing in Commercial Property vs Residential Property
- 04/14/18 08:33 AM
Investing in Commercial property vs Residential property in San Diego, Ramona and Poway. Commercial and Residential investments are 2 different animals. Commercial investments you cannot get the long term financing as you can on residential and the terms of the loans very greatly. Interest rates are usually higher. You will need to put an average of 30% down in most cases, and the appraisal costs start at $3,500.00 and can go up , environmental studies costs can vary too. To qualify for Commercial it is usually based on the income the property can produce and the borrowers ability to pay and credit. Commercial Tenants are usually great tenants as most commercial leases are triple net leases meaning the tenants … (0 comments)
Investing in Commercial property vs Residential property in San Diego, Ramona and Poway. 
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