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Updated about 3 years ago on . Most recent reply
Typical terms for loans on both MF and SFH investments
Ive got several properties ive purchased with cash and am looking to refinance. One of them is a very recent purchase (closed two days ago) and one is a commercial property I am renting out and have a stabilized NOI. I have called and talked to several lenders and have some lists.
Id like to ask from those with experience who you are using and what type of terms are you seeing on:
-Seasoned SFH rentals (after 6 months)
-Commercial or MF properties with stabilized NOI
-Unseasoned SFH rentals (financed right after closing)
My goal is to ask advice on who the best lender out there is assuming my credit and equity is strong. Thanks in advance.