Creative Real Estate Financing
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 almost 9 years ago, 03/10/2016
WWYD: 5 year commercial at 5% or a 30 year fixed at 7.25%?
I am not a economic expert or do I really follow market trends, so I would like advice from people smarter than me on this topic like @Ben Leybovich and @sean
We have pretty standard commercial financing on 1/2 our portfolio. They are 5 year loans on a 25 year amortization at 5%
I really don't like these loans because in 5 or 10 years the rates could be double and I could find myself in an unpleasant situation.
I just learned of a possible new loan program on commercial which would be a 30 year fixed at 7.25%
The rate is obviously higher but to lock it in for 30 years would be fantastic.
What would you do?
- Brie Schmidt
- Podcast Guest on Show #132
Second City Real Estate
20 Reviews
5.0 stars