Hey guys,
Happy Hump Day!
I have a file I am working on that is proving to be a bit difficult. I was hoping that some of you wiser more experienced ladies and gentlemen can help me out. I have a guy that has a truck stop and property worth a $3.5MM and 40K a month income from leasing out. Lenders I've approached do not like the fact that it has so much land on the property beyond the structures. Anyone know any lenders who will take it on... they are looking for 1.75MM.?
Happy Hump Day!
I have a file I am working on that is proving to be a bit difficult. I was hoping that some of you wiser more experienced ladies and gentlemen can help me out. I have a guy that has a truck stop and property worth a $3.5MM and 40K a month income from leasing out. Lenders I've approached do not like the fact that it has so much land on the property beyond the structures. Anyone know any lenders who will take it on... they are looking for 1.75MM.?
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