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Updated over 9 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Jay Myers
  • Rental Property Investor
  • Baton Rouge, La
1
Votes |
9
Posts

HELP WITH BANK FINANCING

Jay Myers
  • Rental Property Investor
  • Baton Rouge, La
Posted

Hello, I'm new to BP and really could use some advice on what financing options are available through banks for 4plexes. I have acquired five 4-plexes over the last year through conventional loans. Now that I'm maxed out, I'm starting to seek commercial loans. What are some of the best terms you guys are seeing from banks? Are there any other options available? I really don't have much experience with commercial and could use guidance. Are there any options over 5-7yr arms? 25-30yrs?  Interest caps? 

Thanks!

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