Long term commercial warehouse financing single tenant use

8 Replies

I own a small warehouse in Houston( I live here) I paid cash for, fixed it up and now leases for $15,600 annually expenses total $2314 annually. My annual income exceeds my expenses. I am looking to finance the property long term any advice? I cannot find a bank that will do it. 

Originally posted by @Austin Metzger :

I own a small warehouse in Houston( I live here) I paid cash for, fixed it up and now leases for $15,600 annually expenses total $2314 annually. My annual income exceeds my expenses. I am looking to finance the property long term any advice? I cannot find a bank that will do it. 

How many banks turned it down and why? This should be no problem at all unless the amount your asking for exceeds DSCR thresholds