I am looking for commercial lenders on a multi-family unit in Kentucky. (11 units) I've negotiated a purchase price of $125,000. The building is in need of extensive repairs and updates. It does have tenants currently. Total cost for purchase and repairs should be $200-250,000. If needed we will use hard money for purchase and repairs but will need commercial lending for a refinance when project is completed. Please let me know any lenders available in Kentucky for this project. Thanks.
I am looking for commercial lenders on a multi-family unit in Kentucky. (11 units) I've negotiated a purchase price of $125,000. The building is in need of extensive repairs and updates. It does have tenants currently. Total cost for purchase and repairs should be $200-250,000. If needed we will use hard money for purchase and repairs but will need commercial lending for a refinance when project is completed. Please let me know any lenders available in Kentucky for this project. Thanks.