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Updated about 5 years ago,
how to get the financing when you lack the portfolio
Hi guys
I have a great commercial office deal that's got great cash-flow. (1.5mil annual rev /1.1mil NOI)
I have the knowledge and know how in real estate. (worked as an agent, member of a REIA, etc)
I have good credit
But I'm still having trouble having trouble getting the financing I need (even if they have 1st position) because I lack a portfolio and don't have the cash equity.
What can I do so the lenders see me in a better light and give me the financing I need.
Thanks