Ranging from government treasury bonds, shares, land, and property, there are numerous ways to invest your money — all with the aim of generating reasonable income. Very few investors choose to invest in commercial property. But why? You ask. Most people consider commercial property a risky investment.
Still, commercial property is a worthwhile investment field to venture in. Check out why.
Higher returns: Commercial property is meant to do businesses, thus it generates high income steadily.
Long-term leases: Unlike residential properties that last about a year, commercial property lasts longer. This gives you adequate time and cash to improve your investment portfolio.
GST Significance: Buying commercial property requires you to pay for goods and services tax, but you can later claim the charged GST as input tax credit.
Option for Small Investments: You have the option of investing smaller in commercial property than in residential property which is usually large and costly.
Lending for Professionals
Most lenders or banks give better interest rates and loan terms to medical professionals and accountants. This is because professionals have a stable job and an above-average salary, thus having a lower risk profile than an average borrower. At the top of this list are medical professionals, which includes doctors, dentists, veterinarians, and the like. So whether you need to acquire new dental equipment, buy a home, or any other financial need, contact any financial lender near you for a dentist loan, MediPro Capital Finance advises.
You can acquire a home all by yourself; however, working with a mortgage broker makes the entire process easier. Mortgage brokers are credit specialists; they will help you get a dentist home loan with favourable interest rates.