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Updated almost 5 years ago,
Commercial Refi for 12 unit apartment in Indianapolis
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!