It is also imperative that investors here expect to make a down payment of at least 10% towards the purchase. Lenders tend to require larger down payments for loans secured by multiunit properties than loans that are secured by a single-family home or condominium.
A few things that you do not want to do with TIC financing include not using your interest rates as your sole criteria when searching for a TIC loan. This is important because you need to consider what is going to happen when one of your TIC partners needs to sell, and not just look for the lowest rate.
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