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Looking to do cash out finance option for repairs on commercial property. Do you handle this?

by kchaff12654 from Harrison, Michigan. Mar 13th 2017 Reply


Larry Gray (lgray_312_247)
#567 ranked lender in California - 1,127 contributions

You probably are trying to find a commercial loan other than "hard money" to get needed repairs on the property done. Have you tried local banks that are focused on the local community as a lender only? Usually, there is at least one local bank in an area that does loans as the one you mentioned. I suggest calling everyone around and finding out if this is an option they provide.

Mar 14th 2017
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Pouyan Broukhim (PBFinancial01)
#970 ranked lender in California - 24 contributions

We can provide 2nd position hard money loans where you do not need to touch your first mortgage Thank you

Mar 22nd 2017
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Bill Cook (loanpro)
#637 ranked lender in California - 43 contributions

Depending on the type of commercial property and existing loan balance, we can do a small commercial loan, NOT hard money rates, and not AAA rates. Yes, local banks and credit unions would be the first choice,

Mar 22nd 2017
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