Commercial Property Seasoning Requirements

[Ron Steele]

I'm looking to buy a commercial property via hard money loan. I'm going to improve a little bit and get the vacant units rented out. My goal is to then refi the commercial property into a traditional long term loan. Few questions

Do lenders have a season requirement like in residential. If so typical time?

Will they allow me to borrow 70%-80% of appraised value or is it a certain amount of time I have to hold

I was told its easier to refi a commercial property than acquisition. Is this true. This is only 8 units with good cashflow so its a very small property.

Thanks in advanced.