Commercial or industrial property can be a good investment if you understand the risks associated with this type of asset and the manner in which the Banks assess the risk.
It is a popular misconception that the same lending 'rules' apply when bank and non-bank lenders assess the risks associated with commercial and industrial properties, as they use with residential loan applications.
One factor that remains the same for both commercial and residential property when assessing risk profile is the location. Good commercial locations especially those in city centres, will carry less risk to capital protection, value growth and tenant demand, than those in less desirable locations such as regional towns and rural locations.
Read our full article here...
For a free no obligation consultation today, contact our specialist mortgage broker in our commerical team. We have extensive skills, experience and knowledge in this area - view our past projects here.
Sunday, August 8, 2010
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