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Cincinnati commercial lender for industrial/flex building reco?

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user profile avatar
  • Posts 48
  • Votes 16

David Hayes
Rental Property Investor from Cincinnati, OH

posted over 3 years ago

Hi BP community - I just got my first commercial property under contract and already have a general proposal from US Bank on the property for what they will lend, but want to make sure I'm doing due diligence and getting the best rate/terms/partner bank for this property.  For reference, it's under contract for just over $2 million, about 80,000 sqft, zoned general industrial and being used for light manufacturing/flex space.  Anyone have any good recommendations?  Also, since I am new to the commercial side of things, I would love to network with anyone else in Cincinnati doing similar investments.  The more I've learned about commercial the more excited I am to dive in! 

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  • Posts 146
  • Votes 59

Dan Wallace
from Golden, Colorado

replied over 3 years ago

Can you share what you are being offered by US Bank? 

If this property has a good cash flow I have sources that could offer financing but I would need more details.

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  • Posts 214
  • Votes 107

Craig H.
from Cincinnati, OH

replied over 3 years ago

David my father has been a commercial loan officer for over 30+ years in Cincinnati.  Shoot me a message if you'd like and I can give you his contact information.  

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Check Rosette Top Subjects:
Rentals, Team, and Maintenance
  • Posts 249
  • Votes 199

John Lenhart
Rental Property Investor from Cincinnati, OH

replied over 3 years ago

@David Hayes I am happy to recommend a few local commercial lenders in the Cincinnati area if you are interested.

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  • Posts 21
  • Votes 8

Thomas Page
Rental Property Investor from Cincinnati, OH

replied over 3 years ago

I am looking for a mentor to meet up for coffee or lunch. I have a residential property but would like to learn about Commercial - message me if any of you are interested.

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  • Posts 48
  • Votes 16

David Hayes
Rental Property Investor from Cincinnati, OH

replied over 3 years ago

thanks for the responses everyone.  

@Craig J. - sent you a PM

@Dan Wallace - sent you a PM

@John Lenhart - thanks! 

@Thomas Page - let's connect sometime, I'd be glad to tell you a bit about what I'm working on. 

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