Under contract--Now looking for Lender

[Andy S.]

Hello BP 

I have a property under contract:  15 units for $725k. 

I spoke with a local bank who offered me the following terms: 25% down, 10/25 at 5.7% (Originally 5.9%, but I will get a 0.20% off if I open a bank account with them).

-I know this is a small deal and will not qualify for fannie mae/freddie mac loans, but do you guys think these terms are reasonable?

-Do you think I can find better rates and longer amortization, like a 10/30?

-Any suggestions or lender recommendations will be appreciated!! The property is in California. 

Andy