Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Troy Ronald
1
Votes |
5
Posts

How to secure a substantial size loan from a commercial lender?

Troy Ronald
Posted

Hello BP!,

My partner and I came across a really good opportunity in Detroit. Loan would be around $1.4 million and around another $500k-ish in renovations. It’s a 14 unit apartment building that I would hope to end up selling as individual condos if we could get it approved. What would you guys do to fund the project? Commercial loan and private money for the rehab? Any suggestions are appreciated. 

Loading replies...