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Updated over 7 years ago,
Commercial properties - shorter terms don't give you concern?
I realize there are commercial loans amortized over 30yrs but they still hold shorter terms (~5-7yrs). This raises the question, how do you position yourself at year seven to not risk a potentially higher interest rate or need to sell the property to pay the balloon payment when you do not have control over what the property will appraise for in seven years? Doesn't this sound familiar to a dark recent past?