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Ann Covey
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Medical Professional diving into more investing

Ann Covey
Posted

Howdy Folks! 

I am excited to connect with like minded folks. I am a Dr. of Physical Therapy and own a few clinics in the Bangor, Maine region. I am interested in investing in multi units in my state as a start, we own a single family investment now as well as our business building. I am in the process of closing a deal on a 10 unit, but finding the financing process tricky compared to other years doing commercial deals. I am not new to commercial financing as pertaining to running my business, but have a lot to learn about what the banks are looking for the increase my multi unit acquisitions as well as what fixes add actual equity into a property. 

  • Ann Covey
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    166
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    Eddie Gonnella
    • Bangor ME & Richmond, VA
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    Eddie Gonnella
    • Bangor ME & Richmond, VA
    Replied
    Quote from @Ann Covey:

    Howdy Folks! 

    I am excited to connect with like minded folks. I am a Dr. of Physical Therapy and own a few clinics in the Bangor, Maine region. I am interested in investing in multi units in my state as a start, we own a single family investment now as well as our business building. I am in the process of closing a deal on a 10 unit, but finding the financing process tricky compared to other years doing commercial deals. I am not new to commercial financing as pertaining to running my business, but have a lot to learn about what the banks are looking for the increase my multi unit acquisitions as well as what fixes add actual equity into a property. 


     Hi Anne, I’m in the Bangor area and invest in single family / small multi family. I’m mostly investing in short term rentals towards Acadia right now. I have done a lot of commercial bank financing for residential real estate. Most of which underwent large renovations. Would it be helpful to connect you with my banker? Which bank are you using right now? I’d be happy to chat sometime! 

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