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Updated 7 days ago on . Most recent reply

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Trey New
  • Member since Mar 11, 2023
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Trey New
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Multi-Family and Apartment Investing

Help with financing question

Trey New
Posted

I am purchasing a 14 unit apartment complex in central Arkansas, I am doing a 30yr amortization @ 7.75% with a 15% down payment, I was hoping to get some different opinions on doing a 1yr/2yr/3yr/5yr arm? Which one of these should I go with? It is my option to pick how long before it balloons. Any advice or opinions would be greatly appreciated.

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