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Updated almost 10 years ago,
Commercial Lenders ?
My portfolio currently consists of residential, income properties. I have a contract to sell a property that has had substantial gains. My plan is to 1031 those gains into a commercial property.
With the 180 day time frame on the 1031, I want to make sure I have as much together as possible going into the sale of the original property.
I know you typically show up to a lender with a "deal" and that with commercial lending it is more about the property than with residential.
With that being said, I am looking for commercial lenders in Florida who you'd recommend. I want to sit down and make sure I have everything I need. With commercial, I suspect that 180 clock to tick much faster than with residential.
What lenders would you recommend ?