Michigan Commercial Strip Center Seeking Financing

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Michigan Commercial Strip Center Seeking Financing

Investor · Benton Harbor, MI · Member since 2013 · 257 posts · 140 votes

Seeking a program for a small strip mall. We've just purchased via land contract a 7K SF, 4 Unit strip center off the interstate in Southwest Michigan. Looking for 18-36 month facility to renovate and occupy. $375K PP, $150K Rehab. 80% LTV all in. Experienced team in place.

Thanks,

Marshall Downs

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  • Marty JohnstonPro Member
    Lender · Wauwatosa, WI · Member since 2016 · 571 posts · 204 votes
    9y

    Marshall, Id love to speak with you on this deal. Send me a PM, let's talk.

    Best Regards.

  • Lender · Morrisville, NC · Member since 2015 · 610 posts · 131 votes
    9y

    @Marshall Downs I may be able to help you finance this.  Please reach out to me.  Thanks 

  • Real Estate Broker · MI · Member since 2014 · 594 posts · 183 votes
    9y
    Do you have the rehab estimates already in place?
  • Investor · Benton Harbor, MI · Member since 2013 · 257 posts · 140 votes
    9y

    @Scott Matthew C. - Yes, have rehab estimates in place all with contractors I'm currently working with on other projects.

  • Real Estate Broker · MI · Member since 2014 · 594 posts · 183 votes
    9y

    I will need more particulars on your project. Please Private Message me and we will go from there. 

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