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Updated almost 5 years ago,
Apartment building refinance long term rate lock- available?
Small apartment building loans- have some sitting equity, and a higher interest rate then I’d like currently, what kind of financing is available for a long term fixed rate loan? Can I take advantage of current low rates, take out some equity, and lock a 30 year term? Loan size is 1.2m if 70% ltv. Market is a smaller college town in Northern California. Which loan? From who? Thanks!