Updated about 9 years ago on . Most recent reply
Commercial loan questions
Hello my fellow investors. I'm in need of some guidance. I'm purchasing a commercial property and the rate that I got was 5.79 for 3 years then then resets base on the us treasury rate. People Re telling me the rate is too high? Is that true
Also can you get fixed rate 30 years on a commercial property (to be specific is a 7 unit rooming house? Lender states not many banks will finance this hence the terms