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37
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8
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Brendan Chase
8
Votes |
37
Posts

What interest rate should I pay on a 30year commercial mortgage?

Brendan Chase
Posted

Looking to get my second multi unit - currently have a duplex and looking at a triplex. Banks only offer commercial/investment loans for a second property, and it looks like there’s nothing under 5-6%. Seems pretty high and definitely hurts the overall numbers. Is that pretty standard for what I’m looking to do?

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