TIC fractional financing
Recently Princeton Capital announced that they were now offering expanded fractional TIC financing, thus enabling individuals buy and sell at their leisure. Not so in the past, since previously it was required that all owners participate in the new mortgage when others wanted to buy in our get out of the property.Another feature is that up to 90% financing is available with no mortgage insurance with loan sizes up to $2 million. There are other features that make this program attractive to TIC owners or potential TIC buyers. Occasionally Stacey Fleece and Dennis Kowalski are contributors to our site, and you should call them to get more information.
Stacey C. Fleece, CFA
Senior Loan Consultant
Princeton Capital
415.229.1228 (office)
415.596.6069 (mobile)
staceyfleece@princetoncap.com
Dennis Kowalski
(415) 229-1241 (office)
Stay tuned for more information on Tenancies in Common (TIC). Tomorrow we post TIC Frequently Asked Questions.
- Mick Orton
posted by SFResidence.com @ 10:13 AM
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