you need to apply for commerical loan ( any properties more than four units considering as commerical properties), not residentail rate. Right now, the 15 yrs commercial rate is over 8%. Based on this rate, do you think the deal still works for you?
you need to apply for commerical loan ( any properties more than four units considering as commerical properties), not residentail rate. Right now, the 15 yrs commercial rate is over 8%. Based on this rate, do you think the deal still works for you?
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