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The Real Estate Deal

Shopping for a commercial real estate loan can be tricky. Here's what you need to stay balanced.

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This story appears in the February 2008 issue of Entrepreneur. Subscribe »

Thanks to his friends, landscape contractor Ron DiPietro was well aware of a common real estate loan pitfall that ensnares many unsuspecting entrepreneurs: Seduced by a low interest rate, some companies end up with a short-term commercial mortgage rather than the extended-term, fixed-rate loan they often need over the long run. Having seen friends--and fellow entrepreneurs--experience this problem, DiPietro was determined to not make the same mistake when it came his turn to seek financing for his company, Landscape East & West in , .

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