Financing in Austin>Question Details

Dan Burstain, Real Estate Pro in Austin, TX

Anyone have idea where to find lenders for commercial property. I have an LLC looking to buy a package of duplexes. $850K list. They have 35% down$

Asked by Dan Burstain, Austin, TX Wed Jan 16, 2013

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7
Hi Dan,

Give me a call, we provide conventional and private money financing for commercial properties


John Broussard
Newbridge Investments
713-777-9996 Ext 103
commercial.privateorhardmoney@gmail.com
http://www.newbridgehomeloans.com
0 votes Thank Flag Link Thu Feb 28, 2013
Seth Feldman
Private Mortgage Banker, Wells Fargo
512-947-8004
0 votes Thank Flag Link Wed Jan 23, 2013
Dan....check my website under commercial loans.http://teamlynn.yourkwagent.com/atj/user/VendorsGetAction.do
0 votes Thank Flag Link Fri Jan 18, 2013
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
Contact
A former client of mine is in that business. Here is his contact info.

Rafa Valiente
Senior Business Relationship Manager
Vice President
111 Congress Avenue, 11th Floor
Austin, TX 78701
MAC T5215-011
Phone: (512) 344-7430
Fax: (512) 344-7379
Email: Rafael.A.Valiente@WellsFargo.com

Best of luck to you!
Margaret
0 votes Thank Flag Link Thu Jan 17, 2013
How many total units are involved in the purchase?
0 votes Thank Flag Link Thu Jan 17, 2013
10-20
Flag Thu Jan 17, 2013
Good morning Dan,

I have a couple of good lenders, you are typically going to find the regional banks are the best resource for loans of this fashion. You are most likely looking at interest rates in the mid 's with a 5 year rate lock and 25 yr amortization. Give me a call if you would like to discuss this further and I will point you in the right direction.

Steve Johnson
Realty Pros of Austin/Austin Manage
512-940-9634

Thank you,
0 votes Thank Flag Link Thu Jan 17, 2013
Dan, I may have a lender or two you can speak to. Email me at joejarusinsky@sbcglobal.net to remind me tomorrow and I'll make a few calls for you...

Joe Jarusinsky Realtor/Master Instructor Keller Williams Realty, Austin's #1 Real Estate Company, Ranked #1 by Buyers and Sellers (JD Power & Assoc. 2012) Call 512-261-4415
0 votes Thank Flag Link Wed Jan 16, 2013
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