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Updated about 5 years ago on . Most recent reply

John Vanhara's profile image
John Vanhara's profile image
John Vanhara
  • from Torrance, CA
  • Member since Apr 27, 2017
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John Vanhara's profile image
John Vanhara's profile image
John Vanhara
  • from Torrance, CA
  • Member since Apr 27, 2017
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John Vanhara
  • Torrance, CA
4
Votes |
39
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Commercial Real Estate Investing

Who gave you the best interest rate on the commercial loan?

John Vanhara
  • Torrance, CA
Posted

I am curious of who can give the best rate on commercial real estate purchase these days? Big banks like Wells Fargo, Bank of America, Citi... Or smaller local banks? Anyone can share their experience from recent deals? And what rate/terms you got? 

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Charlotte Dunford's profile image
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Charlotte Dunford
  • Investor
  • from Johns Creek, GA
  • Member since Nov 13, 2017
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Charlotte Dunford's profile image
Charlotte Dunford's profile image
Charlotte Dunford
  • Investor
  • from Johns Creek, GA
  • Member since Nov 13, 2017
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Charlotte Dunford
  • Investor
  • Johns Creek, GA
488
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463
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Charlotte Dunford
  • Investor
  • Johns Creek, GA
Replied

Best terms I've gotten were with seller financing. 3% interest rate, 30-year amortization, 10-year term.

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