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APEX offers loan programs tailored to the needs of small business owners, an. types financed include apartment buildings, mixed use, retail buildings, office.
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The key to financing an apartment building is to find the right lender. Although an apartment building is technically a multifamily property, loans to apartment building owners are considered commercial. This is because you use the property to generate income instead of as a residence. Commercial rates vary by lender.
The borrower intends to make an additional equity investment in the building and use the entire new financing package to refinance the current mortgage loan and buy out the majority partner as well as.
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