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Updated over 3 years ago,

User Stats

347
Posts
25
Votes
Horacio Gutierrez
  • Rental Property Investor
  • Downey, CA
25
Votes |
347
Posts

Commercial loan for multifamily

Horacio Gutierrez
  • Rental Property Investor
  • Downey, CA
Posted

Hello,

Can someone explain to me the process how a commercial loan on a multifamily home is finally paid off. I know thr commercial loans are short maybe 10 years and then at years you have to pay full amount of the loan or refinance. The question how you can you pay off the loan one day if you don't have to.full amount to pay off the loan so you just keep refinancing, so.is there a point where you can pay off the loan if so how?

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