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Updated about 1 hour ago,

User Stats

21
Posts
7
Votes
Natalie Gelbke-Mattis
Property Manager
Pro Member
  • Rental Property Investor
  • Cleveland Ohio
7
Votes |
21
Posts

Commercial Lenders for Ice Cream store business

Natalie Gelbke-Mattis
Property Manager
Pro Member
  • Rental Property Investor
  • Cleveland Ohio
Posted

Anyone recommend a commercial lender to provide funding for a well established ice cream store in Ohio? This would be for the business and real estate. The business has been established for over 30 years and has a NOI of over 150K annually. Purchase price is $880,000. In talking to the seller, the bank he used had him put down substantial down payment (almost 50% LTV).

  • Natalie Gelbke-Mattis
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