Post Published: 15 June 2009
Author: ethX
Found in section: Commercial Real Estate Financing Questions
Author: ethX
Found in section: Commercial Real Estate Financing Questions
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I’m trying to refinance a commercial loan, any advice?
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3 Responses to “I’m trying to refinance a commercial loan, any advice?”
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Right now this is going to be a difficult task if you want cash out any equity. If you only want to refinance in order to get a better interest rate or a lower payment, you should have no problem if your fianancial statements are in order. Always make sure that show as much income on your tax returns that you can handle. I am self employed and I try to pay more taxes that I probably have to. I know that is sounds crazy, but if you want to expand in business, you have to show some profits.
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Peters and in all this hard times, a worse incident occured in my life as i
lost my job which was my only means of survival and things became really bad as
i had bills to pay and my last son suffered a knee injury incurred when he fell
from a tree house and the doctors informed me that he needed a surgical
operation for his knee so he could walk again and at this point, life was
useless to me as i have no family and no one to run to and each night, i will
sit down and cry till the break of dun until one day, i read an advert on yahoo
answers of man that stated that he could help people in my shoes with loans and
in my desperate situation, i had no choice but i had to try and so shocking and
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