Updated over 2 years ago on . Most recent reply
Interest Rate and ConC on a commercial Loan.
Hello House ,
what is the ideal interest rate on a commercial loan as at Today.??
What would you accept as cash on cash return on a commercial property??
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John McKee
#5 Commercial Real Estate Investing Contributor
#5 Commercial Real Estate Investing Contributor
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- Fairfax, VA
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John McKee#5 Commercial Real Estate Investing Contributor
#5 Commercial Real Estate Investing Contributor
- Investor
- Fairfax, VA
That depends what you're trying to buy. If you have a NNN lease and a quality tenant with a long term your rate can be 5.75-6.25 range. If your new to the game I would recommend getting a mortgage broker to shop it around for you. I can live with 5.5 cash on cash as long as I don't have to do any work, and the exit strategy has a higher ROI.