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Updated over 3 years ago on . Most recent reply

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Corey Philip
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What Are Realistic Loan Terms For Industrial Property?

Corey Philip
Posted

I'm looking into buying multi unit industrial property.   

What are realistIc loan terms?

(I know this is a 'multi family forum but it was the most applicable I could find).

Having surfed the forums I see people saying 10% down and no recourse loans, to 25% down and 9% interest rate.  

I'm particularly interested in industrial, as a I see a growing shortage in my local markets and I don't want to have to deal with residential tenants.  

Personally I've got $2.1 million liquid. My income puts me into a 35%+ tax bracket... so taxes are a big hair cut and a loan structure that allows me to pay more interest up front would probably be beneficial (so I could deduct it).
 

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