Commercial Mortgage, a better choice?

Discussion in 'General Lounge' started by Gabrielgreg, Dec 11, 2019.

  1. Gabrielgreg

    Gabrielgreg New Member

    Hi Everyone,

    I am from Ontario. I finished my post-graduation in MBA. After that, I have been working in a marketing company. Now I am planning to start a new business of my own in Ontario. My family has helped me a lot financially. Now they are not in good financial condition. My parents also have to focus on my younger brother's education. So I thought it is not good to increase their financial burden again.

    My father suggested me to approach a residential or commercial mortgage agency from Ontario by securing one of the property that we have bought some years before. I have saved a reasonable amount of money to manage the monthly payments. I have no worries about it. I am confident about the new business venture that I am going to start. I hope I can gain enough from it. But I would like to ensure that whether it is possible to get a mortgage loan. Is taking a commercial mortgage loan the best choice for starting a new business? Had anyone taken a commercial mortgage loan? Please share your experiences.

    Thanks!
     
  2. gugaldas

    gugaldas New Member

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  3. TomJones

    TomJones Well-Known Member

    Please stop spamming, Northwoodmortgage.com.

    Google's algorithm knows and sees what you're doing, and they will crush you. This kind of SPAM hasn't worked for at least 5 years now.

    If you're one of their competitors though, bravo!

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