If the deal goes south while owning a SFR, those are recourse loans and the bank is coming after your personal assets until they are made whole. 2) Vacancy risk – If I invest in a 200-unit apartment.
apartment building lenders are really concerned with two things: (1) Will rising rates depress the future value of the subject collateral? (2) How do I take advantage of higher future rates to.
$22,100,000 for two seven-story multifamily apartment buildings containing a total of 252 units. 87 units located on Charlotte Court in Central Valley, NY. The loan features a rate of 3.63 percent.
$2,250,000 for a four-story multifamily apartment building containing 9 units. totaling 11,000 square feet located on Court Street in Brooklyn, NY. The loan features a rate of 3.85% and a 10-year.
Apartment Building Loan – Apartment Building Mortgage – Commercial Property Mortgage – BMC Mortgage is the country’s leading originator of apartment building loan.