Hi, I'm planning to buy a commercial property in Toronto for opening my coffee shop. I've savings of 30% of the value of the property. I'll be spending up to 25% from my savings and expecting to pay the other 75% from some commercial mortgages.
Unfortunately, it seems I may be only eligible to get 60% to 80% of the value of the property in my credit. Does anyone here know if there is a way to acquire more than that?
Unfortunately, it seems I may be only eligible to get 60% to 80% of the value of the property in my credit. Does anyone here know if there is a way to acquire more than that?
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