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Updated over 4 years ago,
Commercial lenders offering 25 year am in current environment?
Hey Folks,
I'm evaluating whether now is a good time to sell some multi-family properties I own in Winston-Salem, N.C. If lenders are offering a 25 year AM, then as I've underwritten it, the buyer would get a 10% CoC return.
Has anyone spoken to lenders recently? I can tomorrow, but figured since it's Sunday, I'd ask here to see if I could get a faster response.