Best Commercial Real Estate Loans in Coral Gables, FL
If this is your first time or your entry into the world of real estate investing, then going with a multi-family loan would be what you want to get.
And to help you in your journey, you can trust us here at Florida Commercial Real Estate Loan Group. We are Coral Gables’ number one option when it comes to funding and financing commercial real estate properties.
What is a Multi-Family Loan?
To simply define it, a multi-family loan or an MLF is a type of loan that an individual or a business can get to be able to purchase, build or construct, renovate, or refinance an existing multi-family property.
*A multi-family property is a property where it houses two (2) or more units. Oftentimes, it’s between two (2) to four (4) because five (5) units and above are already considered as an apartment complex.
Why Take Out a Multi-Family Loan?
There are a ton of reasons why you should start investing in a multi-family loan, and mostly, it’s because of the passive income it can generate to help you with in the future.
You can think of it like this: you’ll be taking out a loan and you will be using that loan to finance a real estate property. You will put it up for rent, so you’ll have income. While you’re still paying for the loan, the income of your newly constructed multi-family property is paying for the loan!
So, it’s actually like the entry-level type of investing in the real estate industry.
Where to Get Multi-Family Loans?
The first option would be banks, I mean, who doesn’t know what banks are for? However, the dilemma that it has is that bank loans are:
- Low in the loan amount
- Slow in terms of processing
- Usually long-term, so interest rates could go up the roof
Another option would be the SBA or the Small Business Administration, which, of course, is the same as banks, they’re just controlled by the government. Lastly, commercial real estate groups like us here at Florida Commercial Real Estate Loan Group.
Although our interest rates are a few points higher than that of banks and other financial institutions of the like, we can guarantee loan approval in the swiftest and the most urgent manners, as well as high value for your loans.
Come Work With the Best!
We may not have the lowest interest rates and the longest of repayment periods, but what we can promise you is that we’ll be with you from day one. Our experts and our experienced staff members in the real estate industry will grant and guide you through everything you need to work on.
Dial us or shoot us an email about the multi-family loan or any other type of commercial real estate funding you need!
We promise not to fail you! We’ll even give you a free computation of the loan you’re about to take!
There are so many areas or regions where we offer these services with most of them being cities.
However, if you need any of these services, you need to contact us. The list below comprises the areas where we offer these services.
We service all counties and cities throughout South Florida. However, if you need any of these services in other cities throughout the state of Florida, please contact us. See what services we offer below: