using solicitors funds is so old time and in the past....the higher rates and encumbrances....no dont go there.. the banks are happy to lend at good low rates....I have a commercial loan fixed at 7%...there are commercial brokers out there today...some figures they use are either lending to the annual repayments maxed to 75% of the gross rental income, or borrow to 70% of the market value of the property whichever...there are even low doc loans available, interest only loans etc I would probably be interested in buying a shop in the main street of some of those towns near Coalworks mine....or a bigger site ready for IGA or Coles etc to build their superstore... chocolate money is one such broker...attached to the MBA...but he quoted 8.5 -9% recently....I can get better than those rates.... do not bother with a resi broker, for a commercial loan...but go direct to the banks..and check out Suncorp... the banks may not be lending to the bigger shopping complex operators, or bigger developers....but they will look at smaller operators..
