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Updated about 2 years ago,
John McKeePoster#5 Commercial Real Estate Investing Contributor
- Investor
- Fairfax, VA
- 727
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Loans in the marketplace
I just got a quote from a mortgage banker of 5.65 for 10 years/25 year amortization for a commercial property. Seems like a pretty good deal, although the payments are all interest. This is a property that is paid for and has a tenant with 8 years left on the lease. What are you guys seeing out there in the marketplace.?