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Updated over 5 years ago on . Most recent reply
how to get the financing when you lack the portfolio
Hi guys
I have a great commercial office deal that's got great cash-flow. (1.5mil annual rev /1.1mil NOI)
I have the knowledge and know how in real estate. (worked as an agent, member of a REIA, etc)
I have good credit
But I'm still having trouble having trouble getting the financing I need (even if they have 1st position) because I lack a portfolio and don't have the cash equity.
What can I do so the lenders see me in a better light and give me the financing I need.
Thanks
Most Popular Reply
Don Konipol
#1 Innovative Strategies Contributor
Lender
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- The Woodlands, TX
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Don Konipol
#1 Innovative Strategies Contributor
Lender
Pro Member
#1 Innovative Strategies Contributor
- Lender
- The Woodlands, TX
@Matt Bucklaew
How much financing are you attempting to get? Where have you applied? How much money are you putting down?
- Don Konipol
Private Mortgage Financing Partners, LLC