Banks want you to think that they will lend you money…even when they won’t. Why? Because if they can convince you that they will lend to you, you will probably bring in deposits. The more deposits they have, the less risk they have to their bottom line.
What Banks are doing now is really pushing the [...]
More and more lenders are moving toward commercial loans on investment property over residential loans. There are a few reason for this. Lenders have started to feel that the average consumer doesn’t understand Real Estate Investing. Therefore if you want to be an investor, then you must have a commercial loan
Lenders also prefer commercial loans [...]
