I got a building with ton of equity worth around 5million.
In this market i don't know what kind of loan or line of credit i should go with. Lenders are giving me 3 million LTV.
Should i do a line a credit buy a building cash and refi and repeat?
Should do 30 year Amortization and lock in the Rates?
I need some big investor help here.
You may not need to incur the expense and inefficiency of multiple transactions, since you're looking to deploy that equity toward a new acquisition. How much equity are you looking to leverage from the building you own?