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Updated over 3 years ago,
Commercial Multifamily Loan Question
Hi BP community! I am looking at purchasing a 4 unit commercially zoned apartment building in Virginia. I am looking for recommendations for lenders, particularly ones who would offer 20-30 year fixed rate loans with 10-20% down. Most lenders I have talked to offer 25 year amortized 25% down loans, but it would be great to find someone who could do 30 year fixed, with less % down (that may be stretching it, but thought I would ask). Thank you so much for your help!