Understanding the Key Differences in Loans: Residential vs Commercial #realestateinvesting
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Understanding the Key Differences in Loans: Residential vs Commercial #realestateinvesting
Let’s break down the key difference between residential and commercial loans: Residential Loans: Typically used for homes, duplexes, triplexes, or fourplexes, they usually come with a 30-year fixed rate. This allows borrowers to hold the same loan terms for three decades without worry. Commercial Loans: While amortized over 15, 20, or 25 ...
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