To buy a commercial property

[robertj]

I am here to know about mortgages. I had consulted some money lenders to buy a commercial property. But I couldn't proceed with that as the LTV was too less than my expectation. Recently I got some information about max LTV for different kinds of properties here https://www.butlermortgage.ca/mortgages ... mortgages/. Now I am thinking of consulting some mortgage brokers for this purpose. Before that, I would like to know about the pros and cons of consulting such brokers. Can somebody share the details? Thank you in advance.

[jackboss]

The term commercial property (also called commercial real estate, investment or income property) refers to buildings or land intended to generate a profit, either from capital gain or rental income.