Updated about 4 years ago on . Most recent reply
Rental Property Loans
I've run into an unanticipated issue from all the lenders I have spoke to in my local area and want to see if it is common in other parts of the country. The only commercial loans that any lender in my area we make are 5 year balloon with 25 year amortization and 20% down for buying property through an LLC. Is this loan structure common everywhere? Interest rates are currently as low as we will probably see in our lives, but who know where they will be in 5 years.