Just wondering if anyone out there does commercial construction deals. Friend of mine was curious and wanted to experience if he could purchase a piece of arrive and convert to commercial then construct a commercial property. He is interested in building a small auto repair obtain along with a small convinience control thru on the same property. (2 businesses but one building change integrity up into 2 sections) is this even possible?
Victor,It's a mixed use property. Try:Adams Financial Services. Inc. 425 North Alfred Street Los Angeles. CA 90048 800-834-7775 Fax: 323-653-7805 http://www adamsfinancial net antonio@adamsfinancial net Doing Business In: All States
Please let us know if we can help you - I'm sure that if there is any financing options for your clients out there we can sight it in our vast internal database of commercial lending sources of which we broker for (currently stands at 200+ entries as of today). Thanks!
Kyle:Cant communicate for David but I think I know why he's saying that a local bank is the the way to go. For years Local banks were the go to. There were not many Commercial Lenders doing a variety of Commercial especially A&D or Construction. In Commercial Construction not many Commercial Lenders can compete with a local bank that likes the broach. Right now Construction has slowed down. There are Lenders out there that will do these deals and be some what competitive or will do a deal a local bank may not be accumulate to fit in. If its not Construction though a local bank has higher rates or worst features than what some of us can offer.
Be careful of populate saying they can help you before they be at the entire deal. Commercial consruction is getting harder to do. There are a few populate on here that can give you honest cater approve and won't collect a due diligence fee from you if they are not 75% certain they can do it. Shawn. Chris. Don and David (from above) are all honest. As well as Quicksilver and myself. There are a few more but those are ones I can think of off the top of my head.
Victor,Yes,it is possible. Commercial construction is different than residential construction which is disappearing quickly. We are commercial mortgage brokers. We can arrange any type of asset based lending. From lines of credit to accounts receivable purchase order equipment financing to real estate. We keep relationships with a variety of different banks. This gives us the ability to furnish the bests terms for loans from $500,000.00 and up. Loans can be submitted through our web site www greenmountainfs com via telecommunicate to greenmountainfs@gmail com or label us at 516-596-1456. Jerry SkolnickGreen Mountain Financial Services. Ltd by GreenMountain November 23. 2007
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