Commercial Lending - Small Business / Commercial real estate

[Damian Callaghan]

Actually this is Sarasota area - I wasn't anticipating getting in to the commercial space but an opportunity came up and so I went with it. The first load went OK but I just have another opportunity in hand and trying to find another commercial lender. One think I have noticed is that commercial lenders don't like small loan amounts - I am looking for $137K with 20% down. So I need a small commercial lender. Any recommendations welcome - or creative financing ideas. I could pay cash but would leave me tight and need some wiggle room

[Damian Callaghan]

Quote from @Bonnie Griffin Kaake:

@Damian Callaghan   Have you considered doing cost segregation on the other properties you own? It is like getting a free loan from the IRS. If you didn't have Federal taxes to pay on the other properties it just might give you some wiggle room for further investing and leveraging what you do have. 

this is new to me. I will have to investigate this further to better understand how it could help 

thanks for the suggestion