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Updated almost 2 years ago on . Most recent reply

User Stats

39
Posts
13
Votes
Kimberly Land
  • Investor
  • Chicago, IL
13
Votes |
39
Posts

How can I find a Commercial Lender for a Rooming House (12 rooms)??

Kimberly Land
  • Investor
  • Chicago, IL
Posted

Can someone help me? I'm looking for a commercial lender to refinance my 12-room rooming house in Alaska.

I purchased a 12-room rooming house in Alaska 4 months ago in January using private money from friends of mine. The rooming house is a very large house but it is used commercially so I need a commercial loan. The balloon payment is almost due and I'm looking for a commercial lender to refinance the property in order to pay off the loan from my friends.

Does anyone have a resource for this? or can provide any guidance? or know any company that can assist?

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