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Updated over 3 years ago on . Most recent reply

Ed Emmons's profile image
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Ed Emmons
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  • from Milford, ME
  • Member since Feb 29, 2016
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Ed Emmons's profile image
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Ed Emmons
  • Specialist
  • from Milford, ME
  • Member since Feb 29, 2016
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Ed Emmons
  • Specialist
  • Milford, ME
378
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630
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Commercial Real Estate Investing

Non recourse loan for hotel

Ed Emmons
  • Specialist
  • Milford, ME
Posted

Anyone know if a non recourse loan is available for $3.8 million loan on a hotel. Freddie Mac or Fannie Mae?

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Ed Emmons's profile image
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Ed Emmons
  • Specialist
  • from Milford, ME
  • Member since Feb 29, 2016
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Ed Emmons's profile image
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Ed Emmons
  • Specialist
  • from Milford, ME
  • Member since Feb 29, 2016
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Ed Emmons
  • Specialist
  • Milford, ME
378
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630
Posts
Ed Emmons
  • Specialist
  • Milford, ME
Replied

I’m going to just be a money partner rather than operating partner. He is going SBA route, 10-15% down, 4%, fixed 25 yrs.

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