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Updated over 3 years ago,
Lending on a commercial property under $1million?
Does anyone have financing suggestions for a 14 unit apartment complex that is under $1,000,000? I'm looking for a 30yr fixed, 80% LTV. The lenders I've found only offer a 20yr amortization, which greatly diminishes my cash flow. The other lenders that offer a 30yr want to lend on $1M+.
Any suggestions?