50 unit financing: Unsure of what is standard or what to seek out

[Austin James]

Want to buy and hold and fix up. Lender gave me these terms. Should I try to get them to extend term to 24 months and drop the origination fee to 1%? I have no experience in commercial loans. Thanks in advance!

[Austin James]

95% occupied 

Purchase price is 3M

Rehab costs unknown at this time but likely around 150k

I have no experience with projects of this size. However I have done residential real estate deals in 13 states using various exit strategies and my main advantage for this project is that I own a GC company within range of the property with experience handling large scale projects. I have been working and educating myself for many years toward this type of project