Do all commercial loans have balloon payments due?
Hello,
New to the game and was wondering if all commercial loans have balloon payments due? What are these loan called and what are my options if I don't want to pay the balloon payment?
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@Craig Jeppesen I must have come off as a complete a-hole... I didnt mean to tag you on that comment. I meant to tag the OP. My apologies!
I agree on the line of credit, but it sounded to me like hes getting a loan for the property.