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All Forum Posts by: Matt Kehl

Matt Kehl has started 1 posts and replied 2 times.

Thank you for the replies. I dug into two commercial 30 year fixed rate loans that I’ve learned about from others. Pros and cons like usual...you’ll have to get some quotes to find what’s best for you. 

1) Origination fees were much higher than 5 year fixed: $2,000 in cash more needed.

2) Prepayment penalties if you sell or refi within first 5 years.

3) Loan rate was 1.2% higher. 

Thanks again everyone!

-Matt

I'm new to Wisconsin RE investing and curious if 20-30 year fixed rates for LLCs are possible. If so, would you be able to message me contact info for these lenders? I've read about signing under your name then transferring to the LLC, but would rather avoid this as some mention there might be legal issues. Thank you!