View Full Version: Retail Deal - NEWBIE

Retail Deal - NEWBIE

InActive_Account
2006-04-23 12:49

I've been looking at many commercial deals (stripmalls) in Texas. I've found some that have solid cash flow, good DCR & cap Rate. My problem is that I don't know what criterea commercial lenders(I'm a newbie, remember) look for. I have a 719 FICO and about $10k down. If I find a good deal can I get 75%LTV loan form a bank and 25% from a HML?

Am I wasting my time?


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75ltv loan many commercial down flow find have solid texas deals hmlam retail criterea rate been fico problem form look deal stripmalls some what good dont bank remember cash know wasting newbie lendersim time found looking about