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All Forum Posts by: Chad Linn

Chad Linn has started 6 posts and replied 11 times.

Post: Commercial note refinancing

Chad LinnPosted
  • Conway, AR
  • Posts 11
  • Votes 1

What are the options/possibilities of refinancing a $900k loan on a 20 unit after first year of ownership and operation?  My goal would be to lock in a lower 25 or 30 year rate.  The property is about $1k per month positive cash-flow.  Assuming the asset life and condition and appraisal will qualify.