5-year fixed, 25 year amortization, no prepay penalty
StackSource recently closed an acquisition loan for this multifamily property located in Eden, NC. This first-time multifamily buyer came to us from our partnership with BiggerPockets.com. To help satisfy a 1031 exchange, Capital Advisor, Andrew Bouton, secured a 5.00% five-year fixed rate based on 25-year amortization for this independent real estate investor.
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