Commercial real estate lending (what to prepare)

[Cindrell Harry]

Hello All

I am not a new real estate investor but I am new to seeking commercial real estate funding. I am looking at providing a 20% down for small apartment building ( 5 to 50 units) . I've spoken with a few commercial real estate bankers in the area who has stayed they are "moving" away from multi family investments due to market saturation in the atlanta area. Any one else have any advice or seeing the same behaviour?

[Greg Dickerson]

You may need to speak to several lenders. They all have different appetites and room on the balance sheet for small balance loans. 

Also they may be carrying non-performing assets and can’t lend.

If every local and regional bank says the same thing then I would take note as small balance loans are often the first to go into default when the markets turn.