Seeking Commercial funding options in Orlando

Real Estate Agent · Orlando · Member since 2021 · 25 posts · 16 votes

Hello!

I am a real estate agent and investor in Orlando, FL. I have a buyer looking at purchasing a commercial building and I'm investigating their options for commercial funding available (either via private funding or commercial loans). I've never done a commercial deal before so I'm open to advice, lender contacts, etc. Here to learn and network!

- Abby

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Robin SimonBusiness Member

Lender · Austin, TX · Member since 2022 · 5k+ posts · 4k+ votes

Quote from @Abby H.:

Hello!

- Abby

Can you elaborate a little more on the type of commercial building - office, retail, medical office, mixed? Thats going to drive a lot of the options here

[email protected]

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Devin PetersonBusiness Member
Lender · Sarasota, FL · Member since 2022 · 2k+ posts · 679 votes
1y
Quote from @Abby H.:

Hello!
I am a real estate agent and investor in Orlando, FL. I have a buyer looking at purchasing a commercial building and I'm investigating their options for commercial funding available (either via private funding or commercial loans). I've never done a commercial deal before so I'm open to advice, lender contacts, etc. Here to learn and network!
- Abby
Abby, what kind of commercial loan are you referring to? There are lots of scenarios that fall under the scope. Do you have any further details you can give some color on?
[email protected]860-538-3672
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Robin SimonBusiness Member
Lender · Austin, TX · Member since 2022 · 5k+ posts · 4k+ votes
1y
Quote from @Abby H.:

Hello!
I am a real estate agent and investor in Orlando, FL. I have a buyer looking at purchasing a commercial building and I'm investigating their options for commercial funding available (either via private funding or commercial loans). I've never done a commercial deal before so I'm open to advice, lender contacts, etc. Here to learn and network!
- Abby

Can you elaborate a little more on the type of commercial building - office, retail, medical office, mixed? Thats going to drive a lot of the options here
[email protected]
Harpoon Capital514 Reviews
Website View Page
4 Reply
Abby H.Pro Member
OP
Real Estate Agent · Orlando · Member since 2021 · 25 posts · 16 votes
1y
Quote from @Robin Simon:

Quote from @Abby H.:

Hello!
I am a real estate agent and investor in Orlando, FL. I have a buyer looking at purchasing a commercial building and I'm investigating their options for commercial funding available (either via private funding or commercial loans). I've never done a commercial deal before so I'm open to advice, lender contacts, etc. Here to learn and network!
- Abby

Can you elaborate a little more on the type of commercial building - office, retail, medical office, mixed? Thats going to drive a lot of the options here

Hey Robin!
They are currently considering two buildings. One is being used as a church/special purpose building. The 2nd they are considering is a retail/mixed use building. They are looking for a location to convert to a private school. Thanks for reaching out!
0 Reply
Robin SimonBusiness Member
Lender · Austin, TX · Member since 2022 · 5k+ posts · 4k+ votes
1y
Quote from @Abby H.:

Quote from @Robin Simon:

Quote from @Abby H.:

Hello!
I am a real estate agent and investor in Orlando, FL. I have a buyer looking at purchasing a commercial building and I'm investigating their options for commercial funding available (either via private funding or commercial loans). I've never done a commercial deal before so I'm open to advice, lender contacts, etc. Here to learn and network!
- Abby

Can you elaborate a little more on the type of commercial building - office, retail, medical office, mixed? Thats going to drive a lot of the options here

Hey Robin!
They are currently considering two buildings. One is being used as a church/special purpose building. The 2nd they are considering is a retail/mixed use building. They are looking for a location to convert to a private school. Thanks for reaching out!

This is definitely going to be a bit tricky - have you reached out to someone at Velocity Commercial Capital? They might be able to help (rate will be very high for your client though)
[email protected]
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Abby H.Pro Member
OP
Real Estate Agent · Orlando · Member since 2021 · 25 posts · 16 votes
1y
Quote from @Robin Simon:

Quote from @Abby H.:

Quote from @Robin Simon:

Quote from @Abby H.:

Hello!
I am a real estate agent and investor in Orlando, FL. I have a buyer looking at purchasing a commercial building and I'm investigating their options for commercial funding available (either via private funding or commercial loans). I've never done a commercial deal before so I'm open to advice, lender contacts, etc. Here to learn and network!
- Abby

Can you elaborate a little more on the type of commercial building - office, retail, medical office, mixed? Thats going to drive a lot of the options here

Hey Robin!
They are currently considering two buildings. One is being used as a church/special purpose building. The 2nd they are considering is a retail/mixed use building. They are looking for a location to convert to a private school. Thanks for reaching out!

This is definitely going to be a bit tricky - have you reached out to someone at Velocity Commercial Capital? They might be able to help (rate will be very high for your client though)

I have not! I will look them up now and reach out. I'm looking for all possible options at this point and truly appreciate any leads for potential lenders!
0 Reply
Deborah Wodell
Lender · Sanford, NC · Member since 2024 · 359 posts · 121 votes
1y
It’s exciting to hear you’re diving into commercial deals—there’s definitely a lot of opportunity there. Since it’s your first commercial transaction, I’d recommend starting by understanding your buyer’s financials, investment goals, and the property’s income potential. This will help determine the best funding route.
0 Reply
Doug SmithPro Member
Lender · Tampa, FL · Member since 2013 · 2k+ posts · 2k+ votes
1y

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Doug SmithPro Member
Lender · Tampa, FL · Member since 2013 · 2k+ posts · 2k+ votes
1y
Hi Abby, I'm right down I4 in the Tampa area and I've done tons of commercial deals in the Orlando area...both with banks and with our company over a 30+ year career. I would certianly need to know more, but we do both SBA and more "bank style" lending. Most everyone's SBA lending is similar (7(a), 504), but we'll do up to 30 year amortizations with no balloon, credit scores to 620, and debt services to 1.0X (not DSCR the way they calculate rental loans, but the way banks calculate it. Tell me more! Doug
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Renee Richards
Member since 2024 · 17 posts · 1 vote
1y
Hi, I am a private money broker. I would like to know if you are still looking for a loan and I would love to assist you on your projects.

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Thomas Hornischer
Member since 2024 · 2 posts · 0 votes
1y
This is where local credit unions excel, in my experience. I recently closed a deal with Achieva Credit Union in Fort Myers, FL.

I’m not sure if they operate in that area but definitely worth checking with them or a similar credit union
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Abby H.Pro Member
OP
Real Estate Agent · Orlando · Member since 2021 · 25 posts · 16 votes
1y
Quote from @Doug Smith:

Hi Abby, I'm right down I4 in the Tampa area and I've done tons of commercial deals in the Orlando area...both with banks and with our company over a 30+ year career. I would certianly need to know more, but we do both SBA and more "bank style" lending. Most everyone's SBA lending is similar (7(a), 504), but we'll do up to 30 year amortizations with no balloon, credit scores to 620, and debt services to 1.0X (not DSCR the way they calculate rental loans, but the way banks calculate it. Tell me more! Doug
Hey Doug!
Thank you so much for the info. I love that you're local. Going to send you a private message.
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Abby H.Pro Member
OP
Real Estate Agent · Orlando · Member since 2021 · 25 posts · 16 votes
1y
Quote from @Thomas Hornischer:

This is where local credit unions excel, in my experience. I recently closed a deal with Achieva Credit Union in Fort Myers, FL.

I’m not sure if they operate in that area but definitely worth checking with them or a similar credit union
Great note! Thank you so much!
0 Reply
Abby H.Pro Member
OP
Real Estate Agent · Orlando · Member since 2021 · 25 posts · 16 votes
1y
Quote from @Renee Richards:

Hi, I am a private money broker. I would like to know if you are still looking for a loan and I would love to assist you on your projects.

Hey Renee!
Thank you so much for reaching out. I'll send you a private message.
0 Reply
Abby H.Pro Member
OP
Real Estate Agent · Orlando · Member since 2021 · 25 posts · 16 votes
1y
Quote from @Deborah Wodell:

It’s exciting to hear you’re diving into commercial deals—there’s definitely a lot of opportunity there. Since it’s your first commercial transaction, I’d recommend starting by understanding your buyer’s financials, investment goals, and the property’s income potential. This will help determine the best funding route.
Great notes! Thank you so much for the advice! I will gladly take all the info you're willing to provide from those more experienced.
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