Loan options for mixed use properties

[Igor Messano]

Anyone here have experience with mixed use property lending options? I am finalizing a deal for a 4 unit + 2 retail front property. So far I’ve only gotten quotes from banks for commercial loans with the usual 4-7 year terms and 20-25 year amortization. Any idea if I can get some other type of debt that might be longer term?

A few details:

- 300K loan

- 4 residential and 2 retail

- Retail is small, maybe 30% of Sqft