Best Commercial Real Estate Loans in West Little River, FL
Understanding a Mixed-Use Property
A mixed-use property is a type of property that accommodates more than one (1) type of use. For instance, it’s a property that’s used for residential and commercial purposes at the same time.
The most common example would be a four-door house, where two of the doors are for the mini-mart or the small grocery on the ground floor.
The two (2)-door house above, on the other hand, is the residential unit of the owner of the mini-mart. That’s how you can easily understand what a mixed-use property is
What is a Mixed-Use Loan?
Now, going to the loan part, a mixed-use loan, therefore, is a type of loan that will allow you to invest in a mixed-use property.
Banks, as well as other financial institutions, can actually help you more with mixed-use loans, as they’ll be providing the funds depending on the projection of the sales or the revenue of the building rather than just the documents you will be submitting with them.
Mixed-Use Loan vs. Multi-Family Financing
A lot of people get confused when talking about mixed-use loans and multi-family loans, how do they differ? Both of them have two (2) or more units, now, how would you be able to distinguish a multi-family loan from a mixed-use loan?
For one, a multi-family loan is a type of loan for multi-family properties. From its term alone, multi “family,” ’ll only be applicable to residential properties (keyword is family). Therefore, you can expect all units to be non-commercial.
Mixed-use loans would need two (2) uses, one could be residential, while the other could be commercial. It’s not all-residential, just like the multi-family financing or loan.
Here with us in Florida Commercial Real Estate Loan Group, the best commercial real estate loan group in the city of West Little River, FL, you can bank and count on us to help you with the mixed-use loans you need!
For years, we’ve provided a whole lot of different loans to our clients, in and around the city!
In addition to that, we can also help you with the multi-family loans and funding we have! Akin to the mixed-use loans, a lot of developers and starting entrepreneurs have trusted us with this.
We’re the Best in the City!
Wherever you look here in the city of West Little River, only at Florida Commercial Real Estate Loan Group will you be able to find the best, the most valuable mixed-use and multi-family loans?
Work with us, the best and the most relied on commercial real estate loan group in the whole of West Little River!
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We’re not just the best in terms of the interest rates and the repayment terms, you can also bank and count on us when it comes to the pre-approval!
We can get you a free sample computation of the mixed-use loan or the multi-family loan you need!
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: