OfflineIF anyone out there in DG Land can provide me with a person for a point of contact that are knowledgable of this type of funding. I would be very greatful & forever in your debt. I have a Multi family residental commerical property that has great NOI that show the past 3yrs of finicals that were provided to me. I've meet with bankers that are kinda of scared to make any type of loan at this time.
Really Really need to find a loan officer that can help.
If God is in your corner who can be againist you..
__________________
help
FHA and HUD will not lend on commerical properties. Their loans will go up to a 4 plex and nothing beyond that. That will fall under commerical financing to get a loan for any commerical property.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
I can only suggest to you that if you have a truly great deal...then "shop" it online. Google Commercial Real Estate Companies in your area...lock it up and assign it! Most of the lenders want you to have 10 years experience, an 800 credit score and purchase the property at 10% FMV...good luck going that route.
Jon A. Lubin
Investment Properties Group L.L.C.
Birmingham, Al.
www.connectedinvestors.com/investmentpropertiesgroup
"You Miss 100% of the Shots You Don't Take" Wayne Gretsky
I did got business loan for the the sum of 80,000$ and it was with else. i taught i should share this with my pals. My bank turned down my request so i went for Possibilitis Loan Firm. Contact them on ploanfirm@yahoo.co.uk
Cynthia White
Malaysia
PM me with your last name and email address I have a direct lender I work with that does commercial funding.
Barbara