looking for lender to provide bridge until refinance, or just refi now

looking for lender to provide bridge until refinance, or just refi now

Developer · Hammond, IN · Member since 2014 · 34 posts · 7 votes

I have a great building that is going to start leasing up in the next couple months after full update. Have a refi coming up in the next two years on a balloon. Looking for lending partner. Please refer me to anyone who is interested. Property is in NW Indiana. 

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  • Developer · Hammond, IN · Member since 2014 · 34 posts · 7 votes
    7mo

    someone who is a commercial financing consultant would be helpful too. thanks!

  • Devin PetersonBusiness Member
    Lender · Sarasota, FL · Member since 2022 · 2k+ posts · 664 votes
    7mo
    Quote from @Wesley N.:

    I have a great building that is going to start leasing up in the next couple months after full update. Have a refi coming up in the next two years on a balloon. Looking for lending partner. Please refer me to anyone who is interested. Property is in NW Indiana. 


     Hi Wesley, can you shed some more color on the property condition and current rent? Are there any upgrades needed?

  • Erik EstradaBusiness Member
    Lender · Member since 2022 · 6k+ posts · 1k+ votes
    7mo
    Quote from @Wesley N.:

    I have a great building that is going to start leasing up in the next couple months after full update. Have a refi coming up in the next two years on a balloon. Looking for lending partner. Please refer me to anyone who is interested. Property is in NW Indiana. 


     Hi Wesley 

    Is this for a commercial 5+ Unit Multifamily or another kind of commercial building? 

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    7mo

    Post all the information in the classified section here on BiggerPockets and you'll get people to respond. Information I think would be pertinent is:

    - Location

    - Loan amount you're looking to get

    - The property value

    - Any other pertinent information you think would be helpful

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  • Stacy RaskinBusiness Member
    Lender · Member since 2022 · 1k+ posts · 495 votes
    7mo

    Helpful to know how many units as there are different loan programs depending on the number of units. 

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