Looking for lender for MHP&self storage deal

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Looking for lender for MHP&self storage deal

Member since 2024 · 54 posts · 17 votes

Hello, I have financing with a local bank but would like better terms if possible.

Thanks

Mark Walker

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  • Simmy AhluwaliaPro Member
    Lender · Atlanta, GA · Member since 2015 · 1k+ posts · 200 votes
    2y

    @Mark Walker - is this in the B'ham market?  Either way, we can finance this asset class.  Reach out.

  • Member since 2024 · 54 posts · 17 votes
    2y
    Quote from @Simmy Ahluwalia:

    @Mark Walker - is this in the B'ham market?  Either way, we can finance this asset class.  Reach out.


    Yes it is and yes I will
  • Lender · Member since 2024 · 121 posts · 14 votes
    2y
    Quote from @Mark Walker:

    Hello, I have financing with a local bank but would like better terms if possible.

    Thanks

    Mark Walker

    @Mark Walker - Hi Mark. Happy to help you with this. 

  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    2y

    @Mark Walker

    What are the current terms? What are you trying to improve the terms on?

    7e investments53 Reviews
  • Member since 2024 · 54 posts · 17 votes
    2y

    Hello Chris, current terms are 8.5% for 20y. Looking for lower rate and longer amortization for improved cash flow. Thank you. 

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