Anyone know loan providers or business financial loan brokers in MI that would lend under $500k on multi loved ones? Most minimal bank loan total I am looking at are $500k and their are really handful of credit unions/regional banks in the space. Any other recommend on how to finance these types of qualities would also be significantly appreciated.
Anybody know industrial creditors in MI that lend underneath $500k? scored 8 points on Commercial-Realestate.net!
That means Wombietombie is 8 points closer to a Free Agent Listing!
East Lansing, $430k, 2.99%: [https://www.stacksource.com/financings/coolidge-road-duplexes](https://www.stacksource.com/financings/coolidge-road-duplexes)
Saginaw, $307k, 3.75% cash out: [https://www.stacksource.com/financings/mason-street-apartments](https://www.stacksource.com/financings/mason-street-apartments)
Garden City, $218k, 3.9%, 10 year fixed: [https://www.stacksource.com/financings/pardo-street-apartments](https://www.stacksource.com/financings/pardo-street-apartments)
Pinckney, $832k, 2.99%: [https://www.stacksource.com/financings/pinckney-apartments](https://www.stacksource.com/financings/pinckney-apartments)
Let me know if you’d like to skip the BS about calling a bunch of banks that will waste your time. We’re here.
Credit Unions. ELGA does.
Regional banks will.
I do small balance commercial loans. Clint@investcapitalfunding.com
Literally go on google maps and search bank. Ignore everyone thats a public national company and call everyone else.
Yes.
I work with brokers that lend on multifamily below that amount. In fact, there are lenders who specialize in multifamily rather than other commercial assets, who are lending at lower minimums. It depends on how many units though.
Feel free to reach out if you are interested in working with me – [Sarah@YallaFundingSolutions.com](mailto:Sarah@YallaFundingSolutions.com).
– Sarah
[www.YallaFundingSolutions.com](https://www.YallaFundingSolutions.com)
Not sure if you’re still looking around, but we service a few lenders that will lend on stabilized multifamily of this size. Feel free to PM and I can share my contact information with you.