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Commercial Real Estate Loan

Commercial real estate is a property used for business purposes. Most often, commercial real estate is leased to tenants to conduct business, or the landlord is conduct business in collecting rental income. This category of real estate ranges from an apartment building to a shopping center or hotel.

Commercial properties may refer to:

  • retail buildings

  • office buildings

  • warehouses

  • industrial buildings

  • apartment buildings

  • hotel and motel

  • student housing

  • one to four family investment property

  • “mixed use” buildings, where the property may have a mix, such as retail, office and apartments.

Investing in commercial real estate can be rewarding. Investors can make money on a monthly basis by collecting the rental payment but also through property appreciation when they sell.

Investors can invest directly in the property as investments and become landlords with active management. People best suited for direct investment in commercial real estate are those who either have a considerable amount of knowledge about the industry or who can employ firms who do. Commercial properties are a high-risk, high-reward real estate investment. 

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Detail Instruction

Essencap offers commercial real estate loan at a competitive rate/program. We can provide solution in a variety of situations.

To start the process, please follow the below instruction and provide the informati

  1. For investor greater than 20% ownership,

    • Please fill out the attached 1003 application (personal financial statement)

    • 3 years of personal tax return

    • If the borrower owns other business.

      1. Please provide 3 year tax returns on the business.

      2. Year to date financial on the busines

    • Debt schedule per attached, please includes all credit card, mortgage, car loan

      1. Please provide most recent statement to support the debt schedule.

    • 3-month bank statement

  2. Please provide investment summary

    • Rental income per each unit, and lease term

    • Annual expense (Tax, Insurance, Utility, Management Fee)

    • Purchase Contract

    • Copy of Leases

  3. Please disclose credit condition for any judgement, late payment and if you know you estimate credit score.

Any question please contact us at fax/phone 888-269-1033

Investor Questionnaire
For purchases, is the downpayment seasoned at a bank with three months statement record?
Borrower legal status
1031 Exchange Transaction
Are you first time investor for commercial property
Is the property has any rental control unit(s)?

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Phone:       888-269-1033

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Email:         wecare@essencap.com

Address:    45 Middle Neck Road, Suite 220,

                    Great Neck, NY 11021

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