Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Commercial Loan Six-plex
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.