Financing more than a four unit complex
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Can I obtain financing for a complex with more than four units?Yes, you can obtain financing for a complex with more than four units. Typically this is considered a commercial property, therefore you will need to obtain a commercial mortgage. In order to receive financing for a commercial property, you will need generally a minimum of 20% down. Expect your rate to be 10% or higher because a commercial loan is not a typical conventional residential mortgage. Also, the terms differ as well. Contact your local mortgage professional at or to determine whether or not you qualify for a commercial mortgage or to determine whether or not the terms are favorable to your project or not.
Financing More Than A Four Unit Complex in the News:
| NAL Oil & Gas Trust Reports Fourth Quarter and Year-End 2009 Results (Marketwire) |
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CALGARY, ALBERTA--(Marketwire - March 10, 2010) - NAL Oil & Gas Trust ("NAL" or the "Trust") (TSX:NAE.UN) today announced its financial and operational results for the fourth quarter and year ended December 31, 2009 as well as 2009 year-end reserves. All amounts are in Canadian dollars unless otherwise stated. S
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| NAL Oil & Gas Trust Reports Fourth Quarter and Year-End 2009 Results (CCNMatthews via Yahoo! Finance) |
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CALGARY, ALBERTA-- - NAL Oil & Gas Trust today announced its financial and operational results for the fourth quarter and year ended December 31, 2009 as well as 2009 year-end reserves.
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| Standard Parking Corporation Reports Solid 2009 Results; 2010 Guidance of $1.10 - $1.20 EPS and $20 - $25 Million Free ... (GlobeNewswire via Yahoo! Finance) |
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CHICAGO -- Standard Parking Corporation , one of the nation's leading providers of parking management, ground transportation and other ancillary services, today announced full year 2009 earnings of $0.90 per share, which reflects a $0.12 per share charge attributable to the tentative settlement of two California labor code violation cases and a $0.07 per share charge for costs incurred in ...
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| Cash In (Santa Fe Reporter) |
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The latest federal windfall for Santa Fe came on March 2, in the form of a $176,400 grant to expand public computer centers around the city.
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| Oilsands Quest files third quarter form 10-Q and operational update (PR Newswire via Yahoo! Finance) |
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Oilsands Quest Inc. announces that its Form 10-Q Quarterly Report for the period ended January 31, 2010, was filed March 9, 2010, and is available online at www.sec.gov and www.sedar.com.
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