Florida real estate investors may find small-balance commercial properties a good investment in today’s economic climate. One example of a small-balance property would be a multi-family unit with five or more living areas. Four or less is considered residential, so perhaps you are already investing in multi-family units. Shop Commercial Mortgage can help you get established in small-balance commercial property investing.
One good reason to move to small-balance commercial properties is the fact that conventional lenders have tightened their lending criteria for residential properties. Transitioning to small-balance properties makes sense to avoid the cumbersome underwriting process for residential multi-family properties. Other properties that fall into the small-balance classification include:
- LIGHT INDUSTRIAL
- RETAIL SHOPS
- OFFICE PARKS
- STORAGE FACILITIES
- MOBILE HOME PARKS
Some real estate analysts predict that residential loan rates will be rising, which will cut into your revenue stream if you continue investing in residential properties. Shifting to small-balance commercial properties can offer you a more consistent cash flow over time.
Use your existing real estate network to spread the word that you are interested in moving to small-balance commercial properties. You may be surprised to find there are many opportunities here in Florida to shift your investment portfolio. When you are ready to start purchasing, contact Shop Commercial Mortgage and talk to us about our small-balance commercial lending program. Our investor network is always interested in these investment opportunities, so call or text us today at 813-368-9919.