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Updated about 4 years ago,

User Stats

8
Posts
4
Votes
Pamela Gombe
  • New to Real Estate
4
Votes |
8
Posts

Looking for Commercial Lenders

Pamela Gombe
  • New to Real Estate
Posted
Hello I am looking into getting started with CRE, the asset classes I am interested in are Industrial (e.g., warehouses, data centers, manufacturing buildings, or self-storage) and Special purpose (e.g.medical offices, pharmacy, hotel lodging, or health care). I sat down with an agent from Marcus and Millichamp to discuss how much we had for down payment 125K with that they recommended properties 416k-625k probably would be a single tenant, a 3000 sq ft building with a cap rate of 6%-8%. I am only familiar with purchasing with for a residential properties 4 units or less. I have been reading through as many CRE posts on BP, listening to podcasts and videos. I am learning CRE is mainly about relationships paired with creative financing. My questions are 1) which commercial lenders would you suggest for me to start working with 2) are these numbers I was quoted pretty standard Thank you for any feedback