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Updated 7 months ago, 05/16/2024

User Stats

9
Posts
3
Votes
Austin James
3
Votes |
9
Posts

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

Austin James
Posted

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!

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