Updated over 8 years ago on .
Is this a good commercial loan + line of credit?
I'm purchasing a 5+ unit building for less than 300k and plan to spend about $80,000 in rehab costs. Is this a good loan for me or could I find better?
10 year loan amortized of 25 years @ 5.13%. Line of credit for the $80,000 at prime + 2%
Thank you!



