The recent drop in interest rates has not only resulted in a drop in the US prime rate, but has been a benefit to small business borrowers and investment real estate borrowers.
For instance, currently there are incredibly low interest rates for single family home, townhome, condo and small multi family (3 to 20 units) portfolios! Rates starting at 4.06%!!! Up to 75% LTV, Cash out available, mid Fico 660.
Non recourse, 5, 7, or 10 year fixed options are available with 30 year amortization. The loan size may range from $250,000 t0 $20,000,000.
As an example, you refinance your $1,000,000 real estate portfolio with this program and you choose a 5 year fixed rate, the monthly principal and interest using a 4.06% rate would equal $4808!
For further information, please email me at firstname.lastname@example.org.