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Updated about 9 years ago on . Most recent reply

Calvin Mclean's profile image
Calvin Mclean's profile image
Calvin Mclean
  • Investor
  • from Amarillo, Texas
  • Member since Jan 28, 2016
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Calvin Mclean's profile image
Calvin Mclean's profile image
Calvin Mclean
  • Investor
  • from Amarillo, Texas
  • Member since Jan 28, 2016
Connect
Calvin Mclean
  • Investor
  • Amarillo, TX
2
Votes |
5
Posts
Private Lending & Conventional Mortgage Advice

multi family intrest rates

Calvin Mclean
  • Investor
  • Amarillo, TX
Posted

I have a question about commercial lending rates.I spoke with lender that i have used on single family rentals and the rates quoted would only be for 5-7 years on a fixed at around 5.5%.Is this typical of commercial loans ?My concern is I am wanting to buy and hold long term and am worried about rate hikes impacting future cash flow. Does anyone offer longer term rates on commercial loans ? 

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