Financing in Detroit>Question Details

Babubandy, Other/Just Looking in Michigan

I am trying to finance buying an apartment complex. Approx $23M.

Asked by Babubandy, Michigan Fri Apr 27, 2012

I was wondering, how can I get financing for this? Are their any investors that are willing to make this kind of loan secured by the asset itself? Need help in putting together the funds necessary.

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Answers

2
Hello I am James Spence and I had someone to just call me on Friday about commercial financing. If you are interested and want to contact me I would be more than willing to share that information with you.

James Spence
JCI Realtors Troy
313-610-2757
0 votes Thank Flag Link Sat Apr 28, 2012
I looked over your earlier question and answers for this property; do you have any money to put into the deal?
I would be willing to discuss options for funding your deal, but I need to know all the details of the complex...location, occupancy rate, rent rolls, number of units livable vs non livable, rehab costs if known, ect. I am a member of a few investor networks that could help you fund this deal if the numbers make sense. Email me your contact info at
jhastings@visionRealtycenters.com

Jamie Hastings
Realtor
(734) 444-5323
0 votes Thank Flag Link Fri Apr 27, 2012
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