Question: Is commercial borrowing a good option?

105 pts ?

Is commercial borrowing a good option?

I have seen a block of four flats that I am interested in, Will I need to go to a commercial lender to get a mortgage for this?

Answers

8336 pts ?
  • Former VIP
  • Admin
  • Tycoon Mastermind Alliance
17-07-2012 | 12:30

Hi Michael,

I am not a mortgage broker and I have not purchased a block of flats for a while but from what I understand of the current climate for this type of property it's likely that commercial funding for this type of property investment is an option. You will need to speak to a good mortgage broker.

Your answer

The Property Tycoons Community welcomes your views. Please stay on topic and be respectful of other readers. Review our comments policy.