Real Estate Articles tagged with: non recourse loans
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An Apartment Building Refinance can not only increase your cash flow in the short run with today’s favorable rates, but also if done correctly help with your future exit strategy. Apartment Building Owners can today get Non Recourse Loans that are also assumable in the future.
Eligible Properties: Existing multifamily structures that are at least 3 years old, with market rate, moderate income or subsidized rents.
Commercial Space: Limited to 20% of net rentable area and 20% of effective gross income
Borrower: Single asset, special purpose entity, either for profit or non-profit
Loan Amount: …