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Beth Clerc
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Who can finance this property?

Beth Clerc
Posted Apr 13 2021, 17:57

Hi everyone,

Hope you are all doing well.

I'm very interested in a property but don't know who can finance it. My residential mortgage guy was no help and referred me to their commercial division who said they wouldn't finance that type of property and wasn't much help either - weird because they are usually much more helpful.

It is located in NY just outside NYC and it has a building built in 2008 that includes 4 apartments. On the same 1 acre property is a stand-along commercial building.

Any ideas on where I can start to find financing for this property.

Thank you very much in advance.

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