All,

I have a quick question about some loan terms I just received. I have a fourplex under contract and just got final approval from my bank who is writing a commercial loan for the property. They submitted a 5.25% ...

I applied in May and appraisal was completed in less than a week. Yet, I received terms 2 weeks ago, and CTC this week.
Rate: 8.125%
Processing Fee: $995
Closing Fee: $1,360
Origination Fee: 2.650% 
Admin Process...

I have never taken a loan out on any rentals I have purchased(I own 4 rental houses) but recently was approached about buying a multiple unit property.  I inquired at one of the banks I have accounts at but never had ...

I am looking to buy an apartment complex in the greater New Orleans area. I am from the Midwest where cap rates are high and you can have positive cash flow with 10-15 year loans. In New Orleans area, cap rates can be...

Hi im a little confused on figuring out these loan terms and was hoping someone here could help me out. For example one lender offered a loan with 5% amortized for 30 years but on a term/balloon at 5 years. If someone...

Dear BPs,

I am a newbie evaluating loan terms from a commercial mortgage broker. I am putting the info below. Need your take on what you think about the terms here.

The property is in Charlotte, NC. ...

How are construction loans’ interest rates typically determined? Which index are they tied to? LIBOR?What are the typical terms seen today when getting a construction loan and what are the interest rates on them?Can a...

My local bank is offering a land loan towards a purchase of MHP, their terms are below. Up to 60% of appraised value or purchase priceMax term is 3 yearsMax amortization is up to 15 years Does this sound reasonable? D...

I'm a newbie in the "learning and assembling me team" stage, and I found a lender who had a loan that was structured for BRRRR deals. Back in early March (pre Covid), details were:Minimum downpayment: 10% of the tota...

Other than paying off in 5 yrs, and charging at least prime, and the max amount rules, are there and restrictions on terms? Can I use 30 yr amortization with a balloon, for example?