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Updated 9 days ago, 12/12/2024
Suggestions on best commercial lenders for a NC project??
As a wholesaler, a seller approached me with a 48 unit apartment complex, 7 duplexes and a 2500 sqft Single family that he wants to sell (all of which occupy the same block.) Half of which are vacant and the other half occupied. Properties also need work. I would like to purchase but banks and hard money lenders I've spoke with so far are only lending up to 500k. Seller is asking 4.5M. Where are all the commercial lenders?