75% LTV at 3.75% fixed, 5/25
StackSource recently sourced an acquisition loan for a 4,800 sq ft, 8 unit multifamily property located in Norfolk, VA. The property is currently 100% occupied and will continue to be managed by the existing management company. Capital Advisor, Omar Sobhy, worked with a Virginia based Credit Union to secure a 75% LTV loan priced at a 3.75% fixed rate for 5 years based on a 25-year amortization schedule.
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