I own a gas station,that is leased for $78,000 a year. It is paid off.The station is worth about $800,000.And I have $18,000 income from another source.Total income $96,000 a year. credit score 720.how can I get $150,000 loan or a cash out ,or commercial line of credit. by watfa3_706_446 from Hogansville, Georgia. Apr 1st 2013
Not sure how many commercial lenders on Lender411 in Georgia......you should qualify but unfortunetly we only finance New Jersey residential and commercial properties.
We can help you however our min. loan amount is $250,000. If that is okay please contact me and I will send you our application. P: 888-320-7888, ken@mortgagesforamerica.org - Ken Burrows
Good evening. My co. has a commercial division that lends nationwide. There is a good chance they may be able to help you. Contact me and I will put you in touch. Charlie Sparks, csparks@gencormortgage.com or see my profile page for a phone number. Thank you!
You should definitely Qualify
You should not have any problems qualifying. Need more information. Contact me at jcherry@loansimple.com
I can help you if you still need. 855 411 LEND Peter Savino
Traditional lending or hard money. If you are rate sensitive and have the time, go traditional. Make sure your books are in order and up to date. Be prepared for environmental reports etc. If time sensitive then hard money. In either scenario, you have a single use property. Do your due diligence prior to jumping through hoops. Find out how many gas station properties the lender has done. Good Luck!
You've got a chance. Not a big one. But its possible. Andrew
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