MIAMI – (March 1, 2019) – Commercial Direct, a division of Silver Hill Funding, LLC, a commercial mortgage lender, has recently demonstrated great success with Illinois investors who were having a difficult time acquiring the funding needed for their investment properties. These stories are documented in full on their educational website, https://InvestmentProperty.Loans.
Illinois ranks as the 5th most populous state in the country, and as such offers plenty of opportunity for real estate investments. There are a few key points that need to be considered when thinking of investing in commercial property in Illinois.
The first question investors should ask themselves is whether they want to purchase a property in an urban or suburban location. That decision will have a big impact on the commercial real estate opportunities available.
For example, in downtown Chicago one could expect to find plenty of small multifamily or mixed-uselocations. On the other hand, those who’d rather stay out of the big city environment may instead choose to invest in retail or office space in Carendon Hills or Naperville.
Regardless of the area, investors are likely going to need financing help to make their dream become a reality. This is where the team at Commercial Directis often able to help.
One example listed on the InvestmentProperty.loans website tells the story of an investor in Berkeley, IL. This investor already owned a commercial propertyand was now seeking a cash-out refinance. This is a common strategy for borrowers who want to access the equity built up in the property so they can make improvements or purchase another investment property.
However, investors often struggle to get their cash-out request approved by traditional banks. This is because many lenders either set cash-out limits or remove the option from their product offering altogether.
Thankfully, this investor got in touch with the Commercial Direct team. As a result, the investor was able to get the cash they needed and complete the refinance without ever having to produce tax returns. All told, the process took 30 days to complete.
For more Illinois investment property success stories please visithttps://www.investmentproperty.loans/commercial-investment-opportunities-in-illinois
About Commercial Direct
Commercial Direct is a division of Silver Hill Funding, LLC, a direct commercial mortgage lender that provides investors and small business owners with customizable commercial mortgages tailored to fit their unique needs. Commercial Direct’s online loan customizer enables borrowers to adjust numerous aspects of their loans to finance commercial real estate or multi-unit properties starting at $250,000. More information and online Commercial Direct mortgage loans are available at www.CommercialDirect.com.
Silver Hill Funding, LLC and its successors and/or assigns as their interest may appear, is the proposed lender. Commercial Direct is a division of Silver Hill Funding, LLC.
The information provided herein is intended for business users only, and is not intended for use by the general public or individual consumers. Programs may be cancelled or modified at any time without prior notice. Programs may not be available in all jurisdictions. These materials are intended to provide general information to the reader. This information is made available with the understanding Commercial Direct, a division of Silver Hill Funding, LLC, is not engaged in rendering legal, accounting, or other professional services. Commercial Direct uses reasonable care in providing information but cannot guarantee accuracy or completeness. Information is provided with no warranty, express or implied, any and all such warranties are expressly disclaimed. Commercial Direct assumes no liability for any loss, damage, or expense from errors or omissions in these materials, whether arising in contract, tort, or otherwise.