Updated almost 10 years ago on . Most recent reply
Financing options on multi-building property
Hi all. I'm looking at a couple properties that have multiple houses on the same. The only options with my banker are to do that as a commercial loan with a variable rate (fixed for 3-5 years) and then adjusts. They say you can't do secondary market loans unless it's one building per property. Any thoughts on financing options or other things I should consider?