Multifamily Financing with Hard Money Loans for California Real Estate. Our interest rates and fees for hard money loans are among the lowest in the industry.
But feel the terms are high especially with the Fed lowering their rates recently. It is a fixed 30 year conventional loan @ 5.25% for a 2-4 unit multifamily property requiring 25% down (not my first rental property and also not owner occupied).
Construction began this month and the multifamily project is expected to. The venture locked in a 40-year fixed 3.75%.
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