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Updated almost 4 years ago on . Most recent reply

User Stats

23
Posts
8
Votes
Nitanth Vangala
  • Claremont, CA
8
Votes |
23
Posts

Multifamily/Commercial Real Estate Equity

Nitanth Vangala
  • Claremont, CA
Posted

Hey everyone, 

Just curious, how do you guys pull out accrued equity in a commercial real estate or multifamily (greater than 5 units) property? From what I can gather, HELOCs on these types of properties are rare. Cash out refinance would be another possibility but is there not a  prepayment penalty in the first 5 years of a commercial loan?

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