Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago on . Most recent reply

Mortgage length for 4 plex?
Hi,
I'm new to real estate investing and am considering looking for a 4 plex. I don't know much about mortgages on commercial properties. How long do you typically mortgage a 4 plex? I'm assuming you wouldn't go with a 30 year mortgage like you would on your own personal house that you live in.
Most Popular Reply

you could do any type of loan for that 1-30 years fixed. Or get an ARM... four plexes still fall under Single Family homes. So for me personally I'd look to get 30 year on it. Because If I was buying it It'd be with me until I die or some one else comes by and says I'll pay you FMV in cash right now and hands me a briefcase full of $100's