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Commercial loans are not like residential mortgages and often the loan is based on a minimum rent. If you go below that then you are in default.
by bobthepanda 10mo ago
Commercial loans are not like residential mortgages and often the loan is based on a minimum rent. If you go below that then you are in default.
- deleted 10mo ago[deleted]
- triceratops 10mo agoHow do they make mortgage payments without rent?
- bobthepanda 10mo ago* own a portfolio of real estate, so losses in one area can be offset * own a mixed use building, so an empty ground floor retail space can be offset by multiple floors of apartments also, if the rise in equity outpaces the losses in rents it can still be net positive