Updated almost 4 years ago on . Most recent reply
What Are Realistic Loan Terms For Industrial Property?
I'm looking into buying multi unit industrial property.
What are realistIc loan terms?
(I know this is a 'multi family forum but it was the most applicable I could find).
Having surfed the forums I see people saying 10% down and no recourse loans, to 25% down and 9% interest rate.
I'm particularly interested in industrial, as a I see a growing shortage in my local markets and I don't want to have to deal with residential tenants.
Personally I've got $2.1 million liquid. My income puts me into a 35%+ tax bracket... so taxes are a big hair cut and a loan structure that allows me to pay more interest up front would probably be beneficial (so I could deduct it).