Check the Rental Evidence Before Reusing a Commercial Market Statistic

By Don McClain | Founder & Principal, Medro Advisors. Large commercial-loan distress data does not establish the financing prospects of a one- to four-unit investment property. Start with the actual intended use, lease records, dated collections and property expenses. Explain differences between contractual rent and receipts instead of applying a national commercial-market percentage to the rental. Have documents reviewed for the specific financing request. For a non-owner-occupied rental-property question, begin here: https://americasloansource.com/financing/dscr-rental-property/

More from ALS Updates