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Updated over 5 years ago,

Allen Hudson's profile image
Allen Hudson's profile image
Allen Hudson
  • Member since Jul 26, 2018
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Allen Hudson's profile image
Allen Hudson's profile image
Allen Hudson
  • Member since Jul 26, 2018
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Allen Hudson
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4
Posts
Creative Real Estate Financing

LENDERS FOR ELF STORAGE

Allen Hudson
Posted

Has anyone had any luck with obtaining bank financing on a storage facility in which there are no financials? The seller can provide rent rolls, but not traditional financials. Tax returns are useless as well because the seller lumps multiple investments into an LLC for tax purposes. The facility has historically ran at a high occupancy (around 90%) with 111 units. Thanks in advance.

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