Updated almost 4 years ago on . Most recent reply
Florida Commercial Lending Apartment with small Efficiencies
I have a 5-unit apartment under contract. I thought my lending was squared away, but my brand-new broker ordered a residential appraisal instead of a commercial appraisal. Now I am trying to find a commercial bridge lender with very little time left on my contract.
I have discovered that not many lenders will lend on apartments under 500 square feet, and 3 of the apartments in this complex are under 500 square feet.
Does anyone have a referral to a rock star in this lending space?



