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Updated almost 2 years ago on .

User Stats

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

Commercial or Private Lender for a Rooming House (12 rooms)??

Kimberly Land
  • Investor
  • Chicago, IL
Posted

Looking to refinance a cash-flowing 12-room rooming house in Alaska as my current private money balloon note is nearly due.  This is a commercial deal that. requires a commercial lender or a private lender.  Looking for a minimum 2-year term as this is what the local banks require for seasoning so that we can refinance with them and have a local bank hold our note. Open to suggestions and guidance.  

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