Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: James Dick

James Dick has started 1 posts and replied 1 times.

I'm seeing an uptick in clients looking to acquire or get cash-out financing for NNN auto-based businesses such as Jiffy Lube and various franchise based auto repair chain type assets. Lots of banks pass due to sensitivity to environmental issues or the specific use type nature of the building. I'm assuming that local banks could be a potential source but I have clients who are out-of-state and many banks need the borrower to be in the same general area as the asset they lend on or require a business banking relationship. Any thoughts on other sources of financing?