Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago on . Most recent reply

User Stats

289
Posts
14
Votes
Dan Krause
  • Michigan
14
Votes |
289
Posts

Is it legal to have a CTL loan and a commercial mortgage on the same NNN property at the same time?

Dan Krause
  • Michigan
Posted

Is it allowed? The CTL loan covers financing from the tenant lease payments. Would a commercial mortgage lender (at the same time) be able to finance the actual property of the same NNN lease? Such as 50% financing from one lender and 50% financing from the other lender. The commercial mortgage would be based on the value of the actual property. Is this legitimate? Thank you

Loading replies...