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Updated about 1 year ago on . Most recent reply

Taryn Eagle's profile image
Taryn Eagle's profile image
Taryn Eagle
  • Rental Property Investor
  • from Midwest
  • Member since Oct 5, 2023
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Taryn Eagle's profile image
Taryn Eagle's profile image
Taryn Eagle
  • Rental Property Investor
  • from Midwest
  • Member since Oct 5, 2023
Connect
Taryn Eagle
  • Rental Property Investor
  • Midwest
1
Votes |
5
Posts
Commercial Real Estate Investing

Mixed use Commercial Loan

Taryn Eagle
  • Rental Property Investor
  • Midwest
Posted

Good Morning Everyone!

I am having trouble finding anyone that will loan on a mixed-use commercial property I own. The downstairs is an operating Barber Shop with a lease and I want to finish the upstairs 2 apartments. It is located in Mishawaka IN.  I have owned it for a year now. 

Does anyone know any lenders that work with a situation like this? 

Have a great day!

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Chad Davis's profile image
Chad Davis's profile image
Chad Davis
  • Lender
  • from Richmond VA
  • Member since Sep 6, 2012
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Chad Davis's profile image
Chad Davis's profile image
Chad Davis
  • Lender
  • from Richmond VA
  • Member since Sep 6, 2012
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Chad Davis
  • Lender
  • Richmond VA
29
Votes |
270
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Chad Davis
  • Lender
  • Richmond VA
Replied

Understood but you may want to consider the income you are missing out without rehabbing the apartments. Short term pain but long term gain!

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