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Updated over 4 years ago,
Average Commercial Interest Rates in August 2020
I'm potentially locking up a smaller apartment building this weekend, the seller is willing to carry the contract 30-year amortization, 5-year balloon, 5% interest, and 75 LTV. Thoughts? What are the going commercial rates at right now, all my props are residential and FHA (actually refinancing all of them now). Thanks in advance for you're advice/input.