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Updated about 8 years ago on . Most recent reply

Amy Greger's profile image
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Amy Greger
  • Investor
  • from Seattle, Washington
  • Member since Sep 29, 2016
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Amy Greger's profile image
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Amy Greger
  • Investor
  • from Seattle, Washington
  • Member since Sep 29, 2016
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Amy Greger
  • Investor
  • Seattle, WA
22
Votes |
50
Posts
Multi-Family and Apartment Investing

Commercial Mortgage in NW Indiana

Amy Greger
  • Investor
  • Seattle, WA
Posted

Looking to get my first commercial mortgage for a 11-unit building in NW Indiana.  The guy I was working with was confident that he could get the loan approved - all the numbers looked great.  Until he went to his manager and he said we're "not in their footprint", as in we do not live in the local area, and therefore they are not going to work with us.  Not sure why it's relevant in this day and age.  

Can anyone recommend a lender who would work with out-of-state investors?  Loan amount is 300K.

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Nathan Click's profile image
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Nathan Click
  • Lender
  • from Morrisville, North Carolina
  • Member since Jul 15, 2015
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Nathan Click's profile image
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Nathan Click
  • Lender
  • from Morrisville, North Carolina
  • Member since Jul 15, 2015
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Nathan Click
  • Lender
  • Morrisville, NC
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Nathan Click
  • Lender
  • Morrisville, NC
Replied

@Amy Greger - My firm may be able to help you out.  Feel free to contact me.

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