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Mortgage Brokers & Lenders

User Stats

56
Posts
17
Votes
Pete Schwan
  • Commercial Real Estate Broker
  • North Shore, MA
17
Votes |
56
Posts

Church Financing Needed

Pete Schwan
  • Commercial Real Estate Broker
  • North Shore, MA
Posted Apr 27 2017, 16:47

Hello BP Community,

Currently working with a religious organization that needs financing for a new church. They have all their paper work in order and about $70K for a down payment. Does anyone know a good lender for this type of situation?

Thanks,

Pete

User Stats

252
Posts
87
Votes
Kevin Dureiko
  • Lender
  • Bolton, CT
87
Votes |
252
Posts
Kevin Dureiko
  • Lender
  • Bolton, CT
Replied Apr 27 2017, 17:09

Full build out? Financing with land acquisition?

User Stats

56
Posts
17
Votes
Pete Schwan
  • Commercial Real Estate Broker
  • North Shore, MA
17
Votes |
56
Posts
Pete Schwan
  • Commercial Real Estate Broker
  • North Shore, MA
Replied Apr 27 2017, 17:15

@Kevin Dureiko: Straight acquisition is the likely scenario, maybe some renovating. 

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User Stats

252
Posts
87
Votes
Kevin Dureiko
  • Lender
  • Bolton, CT
87
Votes |
252
Posts
Kevin Dureiko
  • Lender
  • Bolton, CT
Replied Apr 27 2017, 18:23

PM me and shoot over some property details, I'll see what I can put together if anything.

User Stats

1
Posts
0
Votes
Replied Apr 23 2018, 10:34

Pete, did you get a lender to finance your church project?