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» Mixed Use Property Loans
Conventional lenders sometimes have difficulty funding mixed use properties in which the owber occupies a portion of the propety and the balance is used for business purposes. Avatar Financial Group is able to fund properties such as this, or other mixed use properties, such as residential, retail, and office use properties.
When submitting a mixed use property loan, detail the different uses and indicate any income generated by the property, either through rental or lease income or supply a P&L indicating the income from any business use of the property.
If the mixed use property includes rented retail spaces, indicate the name and types of retail businesses occupying the property. Indicate the length left to go on those leases as well as the lease amounts.
