Commercial Lender Recommendations

[Aaron Signer]

I bought an office building that I am converting into an event space with seller financing. I have until the end of the year to refi it out into my name and am currently in the renovation process. Who do you recommend as a good lender and what kind of terms should I be pushing for?

Thanks in advance!

[Jim Kittridge]

For that size you should start talking with local banks as soon as possible. They tend to be relationship oriented, so explain the game plan, timeline, and find out if they're a good fit. Also, don't rely on one lender. You want 2-4 of them interested in financing it.