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Updated 8 months ago, 04/17/2024
Rural Area commercial real estate financing
good afternoon,
Does a private/ hard money lender Lend money in a rural area?
I have a commercial office building under contract for 375k with 75K down. i have tried conventional, private lender/ hard money.
Everybody says it is a rural area of only 1700 people year round but it is a Tourist town. So everybody said NO.
I have hard time funding this deal!