Hard money loan for commercial building
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  1. #1
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    Hard money loan for commercial building

    I need a place for this deal. I have a restaurant that owns the building they operate out of. He is free and clear on the building. Value is $325k. Looking to get $100k, maybe a little less.

    Want to see if there are any recommendations on who will do a hard money loan on a commercial property.

    Thanks
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  2. #2
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    While we're on the topic, can someone please help explain to me why free-standing restaurants aren't deals that real estate lenders like doing?

  3. #3
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    Could be that most own the building, but not the dirt.
    Hedley Lamarr......That's Hedley

  4. #4
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    Quote Originally Posted by Kevin Henry-Seacoast View Post
    Could be that most own the building, but not the dirt.
    as in a land lease? I have not run into any land leases for restaurants.
    I put my contact info in here, and
    was bombarded with spam from funders
    if you need to reach me PM me

  5. #5
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    Quote Originally Posted by skideeppow View Post
    as in a land lease? I have not run into any land leases for restaurants.
    Lots of them around.
    Hedley Lamarr......That's Hedley

  6. #6
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    Quote Originally Posted by skideeppow View Post
    I need a place for this deal. I have a restaurant that owns the building they operate out of. He is free and clear on the building. Value is $325k. Looking to get $100k, maybe a little less.

    Want to see if there are any recommendations on who will do a hard money loan on a commercial property.

    Thanks
    Where are they located?

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