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All Forum Posts by: Steve Liautaud

Steve Liautaud has started 2 posts and replied 3 times.

Post: Probate/shortsale/foreclosure...all at one time!!!

Steve LiautaudPosted
  • Specialist
  • Portland, ME (portland maine)
  • Posts 3
  • Votes 0

@Tanya Johnson what is a BPO?

Post: Commercial Real Estate Loan Terms

Steve LiautaudPosted
  • Specialist
  • Portland, ME (portland maine)
  • Posts 3
  • Votes 0

Hello Lending Experts,

Looking to purchase my first (6) unit multi. I have excellent credit and 35% cash down.

I know that a typical commercial loan is 20 years with the rate adjusted at (5). Do banks ever write fixed loans for the full term on commercial?

Post: Holding a note on the sale of a property

Steve LiautaudPosted
  • Specialist
  • Portland, ME (portland maine)
  • Posts 3
  • Votes 0

I have a buyer who would like me to finance the sale of my for one year while they work out the sale of there home. Any advice on structure, terms and protective clauses?