Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago,

User Stats

477
Posts
426
Votes
Jason V.
  • Investor
  • Rochester, NY
426
Votes |
477
Posts

Questions for a Commercial Lender

Jason V.
  • Investor
  • Rochester, NY
Posted

I have a great relationship with the Branch Manager (and pretty much all of the employees) at a branch of our regional community bank. She's who I work with for all of my portfolio lending, and generally my go-to person for questions. 

I've been asking her about a business line of credit, so she invited me to meet with her and the bank's commercial lender one morning before the bank opens (which is when I typically meet with her.) 

I'm interested in both a business line of credit, as well as conventional lending (for a 5 unit building I had an offer accepted on.) 

What are some great questions to ask him about a BLOC? About commercial lending? Things to watch out for? Things that can be negotiated on?

This is all new to me, so I'm crash-coursing myself as much as possible on the mechanics of the process, but would like to learn from some aquired experience as well.

Thanks!

Loading replies...