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Updated almost 2 years ago on . Most recent reply

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3
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Crystal Caruthers
  • Investor
  • Norman, OK
0
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3
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Is there agency debt for retail and other commercial properties?

Crystal Caruthers
  • Investor
  • Norman, OK
Posted

My partners and I have a retail center that we purchased using a loan from a local lender in 2021. We are still locked at a cheap rate for a few more years, but we're already starting to plan for the refinance in light of the huge shift in rates (which hopefully will be a little cheaper by then!). I'm familiar with the cheap agency debt available to multi-family. Do Freddie Mac, Fannie Mae, HUD, etc offer long term debt on other types of properties? Ideally we'd like to do a cash-out refi with non-recourse debt for a long-term buy and hold.

Thanks!

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