Updated about 3 years ago on . Most recent reply
Commercial Lending Assistance
I've been working with residential properties (7) up to this part but after a partner breakup/split I'm starting over again in real estate. I am not wanting to start over with residential properties but go with commercial units (5-10) this time. I live here in Michigan and have a few properties I would target ($400-500K each) with the "Buy, Rehab, Rent, Refinance, & Repeat" method. I have created a business LLC and have over $45K saved thus far but able to use my current IT job to add an additional $2-3K per month. I am very confident in my approach to ensure the plan works just the initial funding is where I am coming up short.
Please let me know any and all thoughts on my need for commercial lending assistance.