Best Loan to acquire Mixed-Use Asset (tire repair shop)

Hello Folks, I have been on the fence about investing in Physical real estate, and as much as rates have gone up, the bidding landscape for residential properties is still hot. I know due to the Pandemic, a good chunk of small businesses either sold their businesses, retired or declared bankruptcy. I wanted to look into getting a mixed-use asset such as shops used for like quick-lube and used tire places. What would be the best kind of loan (if any…) vs a standard commercial mortgage loan that can be accessed? I ask because I’m not sure if i should think about the “Hard Money Lenders” route. Thank you

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Hello Folks, I have been on the fence about investing in Physical real estate, and as much as rates have gone up, the bidding landscape for residential properties is still hot. I know due to the Pandemic, a good chunk of small businesses either sold their businesses, retired or declared bankruptcy. I wanted to look into getting a mixed-use asset such as shops used for like quick-lube and used tire places. What would be the best kind of loan (if any…) vs a standard commercial mortgage loan that can be accessed? I ask because I’m not sure if i should think about the “Hard Money Lenders” route. Thank you submitted by /u/Dapper_Ad_2169 [link] [comments]

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