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I need a commercial mortgage?

Written By: admin on July 31, 2009 One Comment

I want to buy a 3-family house, renovate it, and then rent it out. I need to borrow about ,000 and want to pay it off over 20 years. I have excellent credit and a excellent amount of assets behind me. What % loan should I be looking to get?

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One Response to “I need a commercial mortgage?”

  1. Rebecca on: 31 July 2009 at 2:28 pm

    80% and a higher interest rate that if it were your personal residence.

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