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Updated over 3 years ago,

User Stats

24
Posts
13
Votes
Aaron Vargas
  • Rental Property Investor
  • Tampa, FL
13
Votes |
24
Posts

Commercial Loan Six-plex

Aaron Vargas
  • Rental Property Investor
  • Tampa, FL
Posted

I'm looking at partnering with a few people to purchase a smaller Multifamily property (6-10 units) in Tampa with an LLC. I believe this would require a commercial loan. What is the range of typical loan terms for this type of acquisition - LTV, amortization, term, interest rate? I know this depends on a ton of factors but hoping to get a general idea so I can throw into a model to analyze the deal.

Thanks for your help.

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