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Updated over 6 years ago on . Most recent reply

Gary Schiefelbein's profile image
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Gary Schiefelbein
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Gary Schiefelbein
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Real Estate Deal Analysis & Advice

Can you get a 25 yr or 30 yr note on a multi family unit?

Gary Schiefelbein
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*This link comes directly from our calculators, based on information input by the member who posted.

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John Warren's profile image
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John Warren
  • Real Estate Broker
  • from 3412 S. Harlem Avenue Riverside, IL 60546
  • Member since Apr 17, 2015
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John Warren's profile image
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John Warren
  • Real Estate Broker
  • from 3412 S. Harlem Avenue Riverside, IL 60546
  • Member since Apr 17, 2015
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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
Replied

@Gary Schiefelbein I am getting a 30 year amortization/5 year term right now on a 19 unit building in Berwyn. I would say 25 year amortizations are the norm for most apartment building loans I have seen. I am unsure if this changes for commercial, industrial, etc. 

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