Small Commercial Purchase

suppastar77 · #1 (**permalink**) 01-29-2007, 10:32 AM

I have a borrower is looking to purchase a $115,000 Convenience store next to a gas station. She is not going to be purchasing the gas station, just the store. What lenders if any could do a deal like this?

Thank you

sub500 · #2 (**permalink**) 01-29-2007, 04:03 PM

What State and at what LTV.?

Dwayne Greenfield AE.
Sub500 Mortgage Inc.
8910 University Center Lane Suite 400
La Jolla, CA. 92122
tel.866-500-3388X6834
fax.858-408-3363
dgreenfield@sub500mortgage.com
www.sub500mortgage.com
www.monacofinance.com

brendo927 · #3 (**permalink**) 01-30-2007, 08:35 AM

Interbay is one commercial lender that comes to mind....there's another one but I forget their name.

doublearon21 · #4 (**permalink**) 01-30-2007, 01:54 PM

Here is a number for the lender that I use, 630-629-9333, his name is Harry Polites (yes, the name sounds funny but it is real), give him a shout to see what he can do, if he doesn't answer (which he is good for cuz he's always busy) leave a message, he usually calls back within 24 hours. Best of luck to you.