commercial mortgages

Good deals get good money

In talking with a potential client yesterday I heard the comment “What comes first – the plan or the money?”  The answer is – the plan.  It always starts with a plan.  Just because you have an asset that has a lot of equity in it does not always translate into a cheque being written by a bank or lender.  In fact, most banks and lenders that do write cheques on the strength of available equity and no plan tend to charge accordingly with higher rates of interest and fees. Continue reading