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Condo units for Investment

4 replies

Purple999Red · 28/02/2017 05:02

Maybe almost everyone here is so familiar about AirBnb? We wish to be a part of that online market service, which offers rental of short term lodging or vacation rentals. In connection with it, my family here is thinking of investing into a condo and have it rented by travelers However, we lack the cash amount to pursue that plan. A friend advise us to apply for a commercial real estate loan or a business loan? Are you familiar about it? Are there lending companies that will give us a loan in
as much as $100,000? I appreciate your thoughts about it.

OP posts:
RosalynneSnelling · 04/03/2017 02:52

Hi. Have you checked with your bank? Sometimes they offer low interest rates.

Purple999Red · 06/03/2017 04:11

Yes, the bank offer loans but I would prefer more options before closing it. I am actually considering commercial real estate loans being offered by credit union or private financial companies.

www.calcoastcu.org/borrow-business-loans.htm

OP posts:
UsedToBeAPaxmanFan · 06/03/2017 04:17

What is a condo?

specialsubject · 06/03/2017 17:47

Flat in american. But I think this is just a spammer who thinks .com equals american site.

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