Avatar's Blog
» Avatar Lends Money for Purchases of Commercial Rea
Posted on 4/24/2005
Posted in Miscellaneous
Avatar Financial Group lends money for commercial and investment residential real estate. We are able to lend money for owner occupied real estate in the states of Washington and California as well. In other states, if a residential property is owned for business purposes, such as rental properties or other properties occupied by individuals or businesses and held in an LLC or similar corporate entity, Avatar may also be able to fund a purchase.
When determining whether a residential property can be refinanced through Avatar, consider these two critical factors:
- Is the property held in an LLC or other corporate entity?
- Are the proceeds of the loan on this property going to be used for business purposes?
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