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Updated over 4 years ago on . Most recent reply

Rudy Bello's profile image
Rudy Bello's profile image
Rudy Bello
  • Investor
  • from Vancouver, WA
  • Member since Sep 20, 2017
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Rudy Bello's profile image
Rudy Bello's profile image
Rudy Bello
  • Investor
  • from Vancouver, WA
  • Member since Sep 20, 2017
Connect
Rudy Bello
  • Investor
  • Vancouver, WA
18
Votes |
67
Posts
Multi-Family and Apartment Investing

Financial commercial terms

Rudy Bello
  • Investor
  • Vancouver, WA
Posted

Hi BP family,

What financial term are you seeing nowadays for 5+ commercial residential units. I was proposed 10 yr term, 30 yr amortization and rate 5 yrs fixed at 4.25. After 5 yrs the rate will reset to then existing US SWAP 5- yr plus 375 basis points. Floor rate of 4.25%. Any advice, I will greatly appreciate it.

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