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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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HomeForumsMulti-Family and Apartment InvestingExamples of commercial loan
Kate J.'s profile image
Kate J.'s profile image
Kate J.
  • Rental Property Investor
  • from Austin, TX
  • Member since Mar 20, 2016
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Kate J.'s profile image
Kate J.'s profile image
Kate J.
  • Rental Property Investor
  • from Austin, TX
  • Member since Mar 20, 2016
Connect
Kate J.
  • Rental Property Investor
  • Austin, TX
104
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294
Posts
Multi-Family and Apartment Investing

Examples of commercial loan

Kate J.
  • Rental Property Investor
  • Austin, TX
Posted Apr 29 2016, 23:53

I am thinking on purchasing 7 unit building, and have 25% of the price. Do you think I am qualifiable for a loan? What would be approximate percent per year? Who are the main providers? I hear large banks as citi do it, but is this the best way to go? What the banks will look for in my application?

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