Rental Property Loan
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Rental agreement - A rental agreement is a contract, usually written, between the owner of a property and a renter who desires to have temporary possession of the property. As a minimum, the agreement identifies the parties, the property, the term of the rental, and the amount of rent for the term.
Package loan - A package loan is a real estate loan used to finance the purchase of both real property and personal property, such as in the purchase of a new home that includes carpeting, window coverings and major appliances.
Hard money loan - A Hard Money Loan is a specific type of financing in which a borrower receives funds based on the value of a commercial real estate property. Hard money loans are typically issued at much higher interest rates than standard commercial or residential property loans and are almost never issued by a standard commercial bank.
Commercial property - The term commercial property includes business property (eg office buildings), industrial property, medical centers, hotels, stores. Commercial property is intended to be operated at a profit, either from capital gain or rental income.
rentalpropertyloan
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