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Updated over 9 years ago,

Joe A.'s profile image
Joe A.'s profile image
Joe A.
  • Investor
  • from ridgewood, New Jersey
  • Member since Aug 18, 2014
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Joe A.'s profile image
Joe A.'s profile image
Joe A.
  • Investor
  • from ridgewood, New Jersey
  • Member since Aug 18, 2014
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Joe A.
  • Investor
  • ridgewood, NJ
0
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24
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Creative Real Estate Financing

Anyone offering 10+ year fixed loans to LLC for multifamily?

Joe A.
  • Investor
  • ridgewood, NJ
Posted

Hello-

All the local banks I have spoken to are offering 5yr fixed/20-25 year amortization loans for multifamily loans with an LLC as the purchaser. Purchase price 250-500k. Anyone know of any banks that are offering longer fixed terms? I am worried about the 5yr reset on the rate. Thanks.

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