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Updated about 8 years ago on . Most recent reply

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14
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3
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Chris Branca
  • Palm Beach Gardens, FL
3
Votes |
14
Posts

ARM on Commercial Loans?

Chris Branca
  • Palm Beach Gardens, FL
Posted

Hi -

I am new to real estate investing and in the middle of purchasing my first commercial property through a broker. Is it common for commercial properties to have adjustable rate mortgages as well as prepay penalties?

If so, what is the average margin? they are quoting me 2.5%.

thanks

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