Many small business owners don't know that there are government-backed loans available for commercial property purchases. The program has been around since 1959 but has recently gained new traction among small business owners looking to improve their commercial space. Especially for owners who invite customers and clients into their offices, having a customized and comfortable space is an important way to support growth.
Many people who bought investment properties during the housing boom will now enjoy the some of the same assistance from the government as people who bought houses to live in. The Obama administration has decided to extend mortgage assistance to first time investors who bought more than one home before the housing bubble burst.