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Updated about 1 year ago,

User Stats

89
Posts
33
Votes
Vic Reddy
  • Real Estate Agent
  • Dallas - Fort Worth, TX
33
Votes |
89
Posts

Commercial loan rates - long term leased retail/office

Vic Reddy
  • Real Estate Agent
  • Dallas - Fort Worth, TX
Posted

Hello all

We are considering two Commercial retail and Medical office buildings to purchase in $4m to $6m range. What rates are you seeing in the market? Are there creative ways to find short term loans with lower rates?

Our Lenders are quoting 8-9% with 25% to 50% down even on properties with 7+ cap with stable long term leases

Thank you

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