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Updated about 8 years ago,
Rates Going Up - What is your long term strategy?
Since the Feds tipped their hat and are planning on three 1/4% rate increases in 2017, how are you going to lock in rates for longer than 5 or 10 years on a commercial loan for a SFR rental?
I am just about tapped out on residential loans and looking to get a commercial loan for longer than 5 or 10 year rate lock. Sure, the banks will amortize for 30 years, but a 5 year lock is a sure bet in favor of the bank.
What do you suggest?