Store & Apartment financing

Store & Apartment financing.

Store frontSo you have a retail store that is doing fine, has been keeping you busy for the past couple of years, sales are going up and your break even ratio is getting lower, but you are still paying rent.

You could choose what seems to be the most comfortable, secured and logical option and continue renting, after all business seems to be going well.

However, are you sure that with this decision that the profits that your business is generating are being wisely invested or could it be that they are becoming the profit of your landlord?

My barbar told me: “Please help me out, I’m paying to much per year for rent”

Now, calculations have to be made (I can help you with those), but did you know that with the current low mortgage rates, the amount that your business is paying for rent is about the same amount that your monthly payment would be to pay back your commercial mortgage?

In this times of low mortgage rates, your business’ cash flow is not affected in a great deal, however by adding the equity gained to the results on your business’ balance sheet, the growth will prove to be stronger, and isn’t that what your business if working hard for?

Considering risks? Oh, yes, they are important, and they are greater risks when renting than when owning, remember, when you own, you have control on the property, when you rent, you don’t.

You may want to add that there are properties that besides offering you the retails space that your business needs, they also come with a apartment that you can rent out giving you the extra income your business needs to cover the cost of borrowing.

So, whether you are a barber, a lawyer, a doctor, own a retail store or something else and are renting a office, retail store with apartment, consider the advantages of owning rather than renting

If you are interested in a store front with apartment, a single retail space, a office, a building, a industrial storage or other kind of commercial property to purchase, do not hesitate and ask me any questions you may have

 

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Toronto Mortgage Agent

The Toronto mortgage agent of Mortgage Edge to get your first, second mortgage or line of credit that you need, apply online and deal with many mortgage lenders

Mortgage AgentWe can save you thousands of dollars on your residential mortgage, complete your online application, click on the top right banner now

From your TMortgage Broker - Mortgage Edgeoronto mortgage agent, you have quick personalized service and get your mortgage loan approved.

Don’t worry about your credit, submit your online application and let’s get it done now!

If you already own a property, request a property value & comparable sales report when you complete your online mortgage assessment

If you have questions about what type of mortgage you need, learn about the following mortgage products

MortgageSecond MortgageRefinance
Reverse mortgageHome Equity Line of CreditCommercial Mortgage

Whether you are looking for a mortgage to purchase a home, refinance your existing mortgage and your other loans or credit cards in order to pay less interest, or if you are looking for a commercial mortgage to finance your business, you can call me to help you get that financing that you seek.

Toronto Mortgage agentLet’s get it done now

Request your *mortgage assessment free*, apply online and get a free one on one meeting

Call or text 416-262-7139
Contact meApply On Line

 

Home equity line of credit

Line of CreditHome equity line of credit is a mortgage loan in which the collateral is the available equity in a property, It could be a first or second mortgage

Learn how to get needed funds from the unused equity in your home with a simple online application today – “Your home equity, your funds”

What can you use your line of credit for?:

  • Consolidate debts.
  • Investments
  • Home Renovations
  • Support family in need
  • Travel en leisure

Apply for your line of credit regardless of your credit score

If it is a second mortgage, the lender doesn’t necessarily have to be the lender which facilitated the first mortgage loan.

Not all lines of credit are equal, “Your credit – Your rate”

Get your home equity line of credit before rates go up!

Ask about the new home equity line of credit just introduced by one of our major lenders to assist you with a quick approval and low rates for excellent credit or not so good credit.

Apply it online, to submit your no commitment application now click here

For a limited time, obtain your free robust Real Estate Valuation Report with your mortgage summary. Submit your online application now

A home equity line of credit can be used to finance business or consolidate commercial and credit card debts, students tuition, funeral expenses, business cash flow, vacations and more

Mortgage assessment application

Assets, debts, and property description to be completed in a separate form

Applicants that will be in the mortgage application

Applicant information

Employment and income of the applicant

If the length of the employment above is less than 3 years please complete the following previous employment information

Presenting supporting income documentation speeds up the process, response & funding time

About the mortgage being requested?

This is a secured mortgage assessment application request


 

Call or text 416-262-7139
Contact meApply On Line