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Updated over 2 years ago,
Looking for Local Bank who understands Value Add Debt products
Hi BP,
I am an experienced Value Add Investor and Operator in Central Florida. We have 350+ units and we are looking for a local lender for smaller density buildings (5-40 units) with a value add component. Not all local banks understand IO/bridge/perm debt products. We are looking for a local banking partner that also understands the Central FL space coastal region. Usually these deals are too small for agency debt which is why we require a local credit union or bank partner. Specific areas include all towns/cities in Brevard and Volusia county. Thank you all in advance!