Beau, I am selling a rental property and have identified a mixed-use property to purchase. The property has 16 residential units and 4 commercial spaces. All but 1 unit are leased. Acquisition price is $3,135,000 and I have about 850k coming from my 1031 exchange. I have received one quote from a local bank and they offered 6.75% on a 5 year fixed amortized over 20 years. I want to try and find a lender for a 30-year amortization. How would you go about sourcing the best options here?

Thanks,

Shannon

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