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Updated almost 9 years ago,
Commercial loan options
Purchasing a package of SF homes using a commercial loan.
Options include
15 yr Amortization
7/1 ARM 4.75%
10/1 ARM 5.25%
15 fixed 6.5 %
Considering the current lending environment, which would be the better option? Just curious what others opinions may be that have more experience with this type of lending?
Thank you for your input