Alot of the answers below are not really feasible. You need to get your due diligence accomplished first before you shop for financing. I am a commercial banker and understand due diligence. You'll need appraisals, title work, phase one assessment, financial analysis, and possibly environmental insurance. Nobody with real money is going to invest unless these things are accomplished.
I work as a commercial banker and also own a due diligence company. We specialize in phase one site assessments nationwide. I started the company because I understand what is needed on commercial transactions. We get these done quick. I feel you need to start with a phase one before anything else. If an environmental issue is found, what is the point of ordering appraisals (commercial is not cheap) or putting earnest money down??
Call me to discuss getting your due diligence completed.
Nov 22, 2008