Skip to content
San Antonio Real Estate Forum

User Stats

10
Posts
2
Votes
Stephen Phan
  • Rental Property Investor
  • Huntington Beach, CA
2
Votes |
10
Posts

Commercial Lender in Texas

Stephen Phan
  • Rental Property Investor
  • Huntington Beach, CA
Posted Aug 11 2018, 13:54

Hey Guys!

We are planning to sell our property in Los Angeles and do a 1031 exchange for something in San Antonio, Tx. We may have to get two properties, one commercial  (8-10units) and one 2-4 unit building. Was wondering if anyone has any knowledge they can share about lending practices in Texas for both commercial and non-commercial properties in comparison to Ca.  

1. What fees can I expect? 

2. What are the challenges of getting approved for a commercial loan 

3.) Is it difficult to get approved for 2 separate buildings simultaneously for our 1031? 

4.) Any great lenders that are highly competent, efficient, accessible, with reasonable prices you can refer?

5.) any other info on this process is welcomed!

Thank you!

Stephen

Loading replies...