Commercial Property Flavor of the Month: 7 Unit Multi Families.
The past 3 commercial loan inquires to come across my desk have all been the same property type. A 7 unit multi family.
After speaking with several of my investors I've found that the financing terms and conditions on this property type are very favorable in todays market. With the 25-30% down the investors look for along with the great financing options, it appears that right out of the gate this property type will easily support itself and generate the person bold enough to make the purchase some nice monthly cash flow.
If you've been on the sidelines or curious to see what type of math would be involved with this sort of investment, please call me directly at 401-437-2008.
With more good quality renters on the market today and with real estate prices being low, this type of investment might easily provide you with a nice income stream and perhaps even a few extra tax deductions.
Jason
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