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Updated about 7 years ago on . Most recent reply

Beth Youth's profile image
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Beth Youth
  • from Van Nuys, California
  • Member since Dec 21, 2017
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Beth Youth's profile image
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Beth Youth
  • from Van Nuys, California
  • Member since Dec 21, 2017
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Beth Youth
  • Van Nuys, CA
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Multi-Family and Apartment Investing

What do you think of these commercial loan terms?

Beth Youth
  • Van Nuys, CA
Posted

Hi BP'ers!

I'm new to this forum and I'm new to investing, so I'm eager to learn from you.  I've been reading and listening and trying to increase my knowledge and understanding.  I spoke with a lender who quoted terms 10/20 at 5.75% at 20% down.  Are those good terms for a first-time apartment investor?  Thanks for any help you can offer.

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