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Updated over 7 years ago on . Most recent reply

Account Closed's profile image
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Account Closed
  • from Sioux Falls, SD
  • Member since Oct 15, 2017
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Sioux Falls, SD
  • Member since Oct 15, 2017
Connect
Account Closed
  • Sioux Falls, SD
0
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Multi-Family and Apartment Investing

Commercial loan balloon payment

Account Closed
  • Sioux Falls, SD
Posted

I've been looking at a couple 6 and 8 plex buildings in my area as my first investment property and I was just wondering how you all deal with the balloon payment of the commercial loan? There's no way I would have that much capital in such a short period. Are there any options besides trying to refinance or sell?

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