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Updated almost 5 years ago,

User Stats

833
Posts
499
Votes
Andrew Davis
  • Investor
  • Asheville, NC
499
Votes |
833
Posts

Commercial Refi for 12 unit apartment in Indianapolis

Andrew Davis
  • Investor
  • Asheville, NC
Posted

Hey BP,

Tapping the collective network here to find a great commercial lender. I purchased a serious value add 12 unit apartment building in Indianapolis in April of 19' and spent the last 9 months completely turning it around:

- Over $150k in renovations: new roof, completely updated common area, most units renovated and turned, new furnaces, plumbing and electricity updates.

- Went from 9/12 units occupied, mom and pop managed and  all well under market rents and most not paying on time. Now we are 100% occupied at market rents with higher quality tenants.

If you're a great lender or know of one, please comment or message me directly. Looking to get started on this refi ASAP.

Thanks BP!

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