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Updated about 7 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Registered Nurse (ICU)
  • from San Jose, California
  • Member since Oct 4, 2014
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Registered Nurse (ICU)
  • from San Jose, California
  • Member since Oct 4, 2014
Connect
Account Closed
  • Registered Nurse (ICU)
  • San Jose, CA
332
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496
Posts
Commercial Real Estate Investing

Commercial Lender Terms. What to expect?

Account Closed
  • Registered Nurse (ICU)
  • San Jose, CA
Posted
I am looking to change my strategy from SFH and small Multiunits to more commercial properties of 4+ units. I have been in contact with a commercial lender and he gave me the following terms as a rough estimate on what I could expect for the loan. 70-75% LTV 5/1 ARM Rate between 4.75% - 5.75% 20-25-year amortization Is this generally the norm for these kinds of loans? Any insight on this would be greatly appreciated. Thanks everyone.
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