Finding fixed-rate Commercial Loan for a 5 - 8 Units Property
I talked to local banks and they only offer fixed-rate commercial mortgages for 5 years even though the loan is 20 years, and they'll re-evaluate the market after 5 years to determine the new interest rate.
Is there a place where I can get a fixed-rate loan for 20 or 15 year?
Iris Y. Tang, REALTOR®, Green, PSA, e-PRO, SFR