Investing in commercial property in Vancouver requires a thorough understanding of the market and the different aspects of commercial mortgages. Unlike residential mortgages, commercial mortgages typically have shorter amortization periods and might come with higher interest rates. Lenders assess the risk based on the type of commercial property, whether it's retail, industrial, or office space, and its location and income-generating potential. A substantial down payment, often 25% to 35%, is usually required. It's essential to have a solid business plan and financial projections, as lenders will scrutinize these closely. The process also involves various fees, like appraisal and environmental assessment costs, which can be higher than in residential transactions. Working with an experienced mortgage broker like Elvira Kurmisheva can greatly benefit your commercial property investment in Vancouver. Elvira can provide invaluable insights into the local market, help navigate the complexities of commercial mortgages, and offer access to a broad range of lenders, including those who specialize in commercial lending. She can assist in tailoring a mortgage solution that aligns with your investment goals, considering factors like loan structure, interest rates, and repayment terms. Remember, every commercial property investment is unique, and having a professional like Elvira on your side ensures that you make informed decisions, maximizing your investment potential while mitigating