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Updated about 9 years ago on . Most recent reply

User Stats

73
Posts
9
Votes
Chris S.
  • Gettysburg, PA
9
Votes |
73
Posts

Commercial Investment Loan - 30 Fixed or 5/25 ARM?

Chris S.
  • Gettysburg, PA
Posted

Hello, I have been looking around and I just want to make sure that I'm not missing anything before I pull the trigger.  Is there any way to get a commercial investment loan at a fixed rate for the entire 30 years (after using up the 5 personal loans).  Or am I stuck w/ the 5/25?

I'm on my 6th mortgage and I just want to make sure that there's no way around the 5/25 ARM.

Also, if I am stuck w/ the 5/25, what do you think the safest % to put down is?  (I'm willing to do up to 50%, but not sure if that's necessary)

Thanks!  Chris

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