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Updated 11 months ago on . Most recent reply

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Eric James
  • Investor
  • Malakoff, TX
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Long term financing for 12 unit complex

Eric James
  • Investor
  • Malakoff, TX
Posted

I am completing construction of the final 2 apartments of a 12 unit complex. Looking for a lender to do a long term cash out refinance. Looking for suggestions for possible lenders on this size development. Thanks.

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Devin Peterson
  • Lender
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Devin Peterson
  • Lender
Replied
Quote from @Eric James:

I am completing construction of the final 2 apartments of a 12 unit complex. Looking for a lender to do a long term cash out refinance. Looking for suggestions for possible lenders on this size development. Thanks.

Hey Eric, there are plenty of great options out there on BP. Would the property be 100% leased? How long ago did you purchase the land/building? Was this a GUC project to start?
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Miller Mortgage
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