looking for a perm loan on 140 units

5 Replies

Jump to latestLatest
  • AJ ExnerPro Member
    Lender · Springfield, MO · Member since 2023 · 652 posts · 315 votes
    2y

    Hey William,

    Is it a 140 unit property that you are needing financing for, or 140 unit portfolio? 

    And is it located in NY?

  • Member since 2023 · 15 posts · 5 votes
    2y

    yes its a 260 unit complex in saratoga ny but the property is 2 phases phase one is almost ready for perm 

  • Marty JohnstonPro Member
    Lender · Wauwatosa, WI · Member since 2016 · 571 posts · 203 votes
    2y
    Quote from @William Dorrough:

    yes its a 260 unit complex in saratoga ny but the property is 2 phases phase one is almost ready for perm 


     William,

    You may have already secured this funding, but there are a number of options for you here depending on location. "almost ready" is great timing to start working on quotes. How 'close' are you on getting close to that 80-90% occupancy at the moment?

  • Lender · Richmond VA · Member since 2012 · 305 posts · 31 votes
    2y

    @William Dorrough Did you secure financing? Happy to take a look.

  • Lender · United States · Member since 2020 · 1k+ posts · 499 votes
    2y

    Any updates?

Join the conversationCreate a free account to reply, vote on answers and follow this thread.