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Small Commercial Real Estate Loans

ispdude
New Contributor

Small Commercial Real Estate Loans

What banks out there do small conventional commercial real estate loans?  Properties in the $25,000 - $50,000 range.

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MyDataMyChoice
Valued Contributor

Re: Small Commercial Real Estate Loans

Are you a 'start up"?

You'll need to provide your 'Time in Business'
and what do you plan to do with the properties? It depends... are you in business to rehab and flip? (developer)? or are you buying tax sales?
Need more information...

 

How are your credit scores?


I do not know anyone that will go thru the underwriting for such a small amount... when real estate is involved there is an appraisal... and security / deed recordings etc... lots of time and money for the lender and not much return... usually like MIN 100K commercial 150+

you are better off getting a Line of Credit or HELOC. Try a SBA Loan... but not a real estate loan.... you need a standard business loan.
https://www.smartbizloans.com/requirements-eligibility


Always hard money lending too

And you can think about options such as Kabbage.com

 

EDIT:  I Found WELLSFARGO does offer 50K Commercial Real Estate Loans 

https://www.wellsfargo.com/biz/business-credit/real-estate/

 

 

 

Checkout some local credit unions



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wasCB14
Super Contributor

Re: Small Commercial Real Estate Loans

I agree the small scale might make traditional underwriting inefficient.

 

Keep in mind closing on a deal might be tricky if another buyer can pay cash.

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