commercial loan

[Tal P.]

I'm looking for a commercial loan in MA.
Can anyone please explain me which people/banks i should be looking for?

I spoke with few banks around Boston and nothing useful happen.

Tal

[Joel Owens]

Just remember Massachusetts is a more tenant friendly state so takes a long time to evict if you are dealing with multifamily. 

If you are going to buy a 4 unit multifamily that is usually better for a loan as you get long term financing. You go 5 plus units you get into short term financing. The better loans start getting into the millions of dollars and more units once you go commercial.

The commercial laws are generally more landlord friendly than the residential tenant laws.