If you are buying undeveloped property you may be eligible for either a purchase property loan or a refinance loan, depending on the contract, the buyers assets and the type of development that is being made on the property. The loans in these cases can be up to 70% of the appraised value, but there are typically no second mortgages allowed on these types of financing options.

It is possible when getting a commercial loan to work either directly with the lender or through a broker or brokerage firm. Many commercial loan applicants will pay additional fees going through a broker that they could have saved by working directly with the lender. Be sure to clearly understand what fees you will be assessed if working through a broker.

Commercial real estate is rarely an effective or money making short term investment. It is not typical to "flip" or rapidly buy and sell commercial real estate, largely because there are far fewer people in the market for these high value properties. Commercial real estate can be a relatively safe investment for individuals and are prepared to wait for long term results.