Joseph, Depending upon what you are financing and how much you need will determine the loan and lender type. Sometimes a local bank is a good start for a loan under $1 Million. For larger loans, the national marketplace is where you need to start since many local banks tend to limit you on the amortization term which can crimp the cash flow. Remember, there are a lot of considerations other than the rate. You have to look at the hold period, the potential increases in cash flow, future interest rate and sale cap rates, etc.. These all come into play when deciding which loan you should or should not take. Cal us at 212-332-3457 if you need more information. Kevin Meehan
Feb 2, 2017