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Updated over 3 years ago on . Most recent reply

Laura MacDonald's profile image
Laura MacDonald's profile image
Laura MacDonald
  • Member since Nov 1, 2017
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28
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8
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Laura MacDonald's profile image
Laura MacDonald's profile image
Laura MacDonald
  • Member since Nov 1, 2017
Connect
Laura MacDonald
8
Votes |
28
Posts
Multi-Family and Apartment Investing

Is this Common in Loan on 4-Plex??? Supposed to Close Tomorrow!

Laura MacDonald
Posted

I am about to close on a cash-out re-fi and as I was reading thru the loan docs, saw this clause which is something I have never seen before.  Is this common in a loan for a 4-plex?? This is a 30-year fixed rate cash-out loan on a 4plex from LendingOne.

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