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Updated over 3 years ago,

User Stats

2
Posts
1
Votes
Scott Spicer
  • Contractor
  • Tucson, AZ
1
Votes |
2
Posts

Lending on a commercial property under $1million?

Scott Spicer
  • Contractor
  • Tucson, AZ
Posted

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?

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