chow
Joined: 22 Jan 2005
Posts: 2350
Location: Cornfield County, Indiana
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| Posted: Sat Jul 02, 2005 11:48 am Post subject: |
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| If all of the properties are to be on one loan, that's commercial. Most of those lenders like them in the same area-complex, but it's not impossible to get one loan for all of them. The rate is going to be better if you did them as a regular NOO residential loan, one property at a time. You run into a real mess on a commercial loan if they need to sell one or two off to raise capital for something else. |
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