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Updated over 3 years ago,
Commercial loan for multifamily
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?