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All Forum Posts by: Richard Forton

Richard Forton has started 6 posts and replied 21 times.

Multi-Family and Apartment Investing

Post: Commercial loan terms

Richard FortonPosted
  • Rental Property Investor
  • Havre De Grace, MD
  • Posts 22
  • Votes 12

My guess is you're new to this bank for investing purposes? This sounds very similar to my first loan terms. If you wanted to get better terms for a property this size you could take advantage of the fact it is under 6 units and say this is going to be purchased for you to live in. Should get more conventional mortgage terms.

0 Votes