Apartments: Should You Refinance

Is it time, or past time, to refinance the loans on your apartment buildings? Using programs offered through HUD, you should be able to get a loan with the following terms. Interest Rate: 3.9% Term: 35-years Personal Guarantees: None Loan-To-Value: 80% Does it sound too good to be true? It might be and in order to make the right decision you need to hire a professional who has expertise in present value analysis. Below is some information on a potential refinance.