Great rates on apartment (and other commercial property) loans
Rates in the 4.50% - 5.25% range (perhaps lower on the best properties/locations)
Ideally, properties in Tier 1 locations seeking long-term financing with 25% to 40% down/equity can receive rates less than 4.50%.
Loan amounts from $500,000 to $20 million.
Funding can be used for purchase-money, rate-and-term refinance, or a cash-out refinance.
Property types
Multifamily
Mobile home parks (4- and 5-star)
Mixed use properties
Student housing
Low-income housing
Requirements
US properties only
Color photos of the property
Rent Roll
Last two years' actual income and expenses.
Financial statement on the borrower.
No up front fees.
kyeats@netzero.net
NO brokers please
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