All Discussions Tagged 'building' - Real Estate Finance2024-03-29T11:30:06Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=building&feed=yes&xn_auth=noRefinancing Apartment Buildings No Advance Feestag:realestatefinance.ning.com,2017-01-14:6517464:Topic:2914332017-01-14T13:58:13.487ZWinston Rowehttps://realestatefinance.ning.com/profile/WinstonRowe
<p><a href="http://www.winstonrowe.com/Free_Real_Estate_Resources.html" target="_blank">Winston Rowe & Associates, a national advisory firm structures custom financing solutions to fit the needs of each individual borrower and property type.</a></p>
<p><span>Winston Rowe & Associates structures customized apartment financing solutions through their best business practices advisory and due diligence methodologies to assist the individual and investment needs and requirements for…</span></p>
<p><a href="http://www.winstonrowe.com/Free_Real_Estate_Resources.html" target="_blank">Winston Rowe & Associates, a national advisory firm structures custom financing solutions to fit the needs of each individual borrower and property type.</a></p>
<p><span>Winston Rowe & Associates structures customized apartment financing solutions through their best business practices advisory and due diligence methodologies to assist the individual and investment needs and requirements for apartment building investors nationwide.</span><br/><br/><b>Winston Rowe & Associates Multifamily Solutions:</b><br/><br/><span>• Solutions starting at $500,000. through $100,000,000.</span><br/><br/><span>• Conventional and Bridge Solutions</span><br/><br/><span>• Debtor in Possession</span><br/><br/><span>• Balloon Payments</span><br/><br/><span>• Cash Out Refinance</span><br/><br/><span>• Portfolio Repositioning</span><br/><br/><span>• Rehabilitation & Re-Tenanting</span><br/><br/><a href="http://www.winstonrowe.com" target="_blank">The goal at Winston Rowe & Associates is to add value to client’s acquisition or refinance by offering a wide range of financing solutions and direct access to top national, regional, and local retail banks, hedge funds and private capital lenders.</a><br/><br/><span>When you call Winston Rowe & Associates, a principal is always available to speak with prospective clients. They can be contacted at </span><b>248-246-2243</b><span> or email them at </span><b><a rel="nofollow" href="mailto:processing@winstonrowe.com" target="_blank">processing@winstonrowe.com</a></b></p>
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<p></p> Direct Commercial Hard Money Loans Low Interest Ratestag:realestatefinance.ning.com,2016-10-17:6517464:Topic:2843762016-10-17T11:26:33.665ZWinston Rowehttps://realestatefinance.ning.com/profile/WinstonRowe
<p style="text-align: center;"><span style="text-decoration: underline;"><span class="font-size-4"><strong><a href="http://www.winstonrowe.com" target="_blank">Winston Rowe & Associates</a><br></br></strong></span></span></p>
<p><span>In the constantly evolving private capital markets there is a firm that stands out.</span><br></br><br></br><span>It’s Winston Rowe and Associates, a national no advance fee advisory firm that specializes in commercial real estate investors that need solutions that…</span></p>
<p style="text-align: center;"><span style="text-decoration: underline;"><span class="font-size-4"><strong><a href="http://www.winstonrowe.com" target="_blank">Winston Rowe & Associates</a><br/></strong></span></span></p>
<p><span>In the constantly evolving private capital markets there is a firm that stands out.</span><br/><br/><span>It’s Winston Rowe and Associates, a national no advance fee advisory firm that specializes in commercial real estate investors that need solutions that traditional banks and institutions can’t provide.</span><br/><br/><span>They strive to build deep and lasting relationships with their clients, allowing them to focus not only on individual transactions but on furthering the client's overall business goals.</span><br/><br/><span>Winston Rowe & Associates is comprised of industry veterans, that prospective clients can speak directly too.</span><br/><br/><span>They can be contacted at </span><b>248-246-2243</b><span> or visit them online at <a href="http://www.winstonrowe.com">http://www.winstonrowe.com</a></span><br/><br/><b>Commercial Hard Money Deployment Objectives:</b><br/><br/><span>National Coverage</span><br/><br/><span>Capital Deployment Starts at $1,000,000.</span><br/><br/><span>Purchase, Cash Out and Refinance</span><br/><br/><span>Interest Rates Starting at 6.5%</span><br/><br/><span>No Upfront or Advance Fees to Process Your Transaction</span><br/><br/><span>Expert Portfolio Repositioning</span><br/><br/><span>Debtor in Possession Financing</span><br/><br/><span>Discount Note Payoff Financing</span><br/><br/><span>All Commercial Property Types Considered</span><br/><br/><span>As a leading private money provider they produce fast and reasonable real estate loans that enable clients to close quickly on a commercial or residential investment property.</span><br/><br/><span>Winston Rowe & Associates welcomes commercial real estate loans that exceed conventional lending standards, because they can produce custom metrics that make it possible to structure real estate loans around individual financial circumstances.</span></p> Seeking $900K to Purchase 4 Unit Apartment Buildings in Las Vegas, 90% LTV, 730 FICO, 8.5 CAP Ratetag:realestatefinance.ning.com,2016-02-19:6517464:Topic:2571162016-02-19T23:22:57.975ZRoyce Jeffersonhttps://realestatefinance.ning.com/profile/RoyceJefferson
<p>I am seeking $900K to purchase (5) 4 unit apartment buildings in las Vegas. Each building cost $200K. 5 buildings x $200K = $1,000,000 total cost. My FICO is currently 730. I already own a 4 unit building in Las Vegas with zero vacancies. </p>
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<p>Purchase Price $200,000</p>
<p>Down payment $20,000</p>
<p>Improvements 0</p>
<p>Closing Costs $4,000</p>
<p>Total Cost …</p>
<p>I am seeking $900K to purchase (5) 4 unit apartment buildings in las Vegas. Each building cost $200K. 5 buildings x $200K = $1,000,000 total cost. My FICO is currently 730. I already own a 4 unit building in Las Vegas with zero vacancies. </p>
<p></p>
<p>Purchase Price $200,000</p>
<p>Down payment $20,000</p>
<p>Improvements 0</p>
<p>Closing Costs $4,000</p>
<p>Total Cost $224,000</p>
<p>Cash Outlay $23,000</p>
<p><strong>Financing Assumptions</strong> </p>
<p>Down payment 10%</p>
<p>Finance Amount $180,000</p>
<p>Down payment Amount $20,000</p>
<p>Interest Rate 4%</p>
<p>Mortgage (Years) 30</p>
<p>Mortgage Payment $859</p>
<p> Monthly Yearly Multiplier</p>
<p>Revenues 5 Buildings</p>
<p>Rental Income $2,000 $24,000 $120,000</p>
<p>Vacancy Rate 12% $240 $2,880 $14,400</p>
<p>Net Rental Income $1,760 $21,120 $105,600</p>
<p>Other Income $100 $1,200 $6,000</p>
<p>Gross Income $4,100 $22,320 $111,600</p>
<p></p>
<p> Monthly Year 1 Multiplier</p>
<p><strong>Expenses</strong> 5 Buildings</p>
<p>Property Taxes Annual 100 $1,200 $6,000</p>
<p>Insurance Annual 90 $1,080 $5,400</p>
<p>Property Mgmt (% Rent) 6% $1,339.20 $6,696</p>
<p>Maintenance & Repairs Annual 1000 $1,000 $5,000</p>
<p>Advertising Annual 10 $120 $600</p>
<p>Utilities Annual 50 $600 $3,000</p>
<p>Trash Annual 130 $1,560 $7,800</p>
<p> Total Expenses $6,899 $34,496</p>
<p></p>
<p><strong>Net Operating Income (NOI) </strong> </p>
<p>Income - Expenses = NOI </p>
<p>$24,000 - $6,899 = $17,101 x5 = $85,505</p>
<p>Cash Flow </p>
<p>NOI - Debt Service - Cash Flow </p>
<p>$17,101 - $10,308 = $6,793 x5 = $33,965</p>
<p></p>
<p><strong>CAP Rate</strong> </p>
<p>NOI / Property Price = CAP Rate </p>
<p>$17,101 / $200,000 = 8.5% </p>
<p>$85,505 / $1,000,000 = 8.5%</p>
<p></p>
<p>Please do not contact me with any scams. Do not ask for me to pay processing fees or application fees before funds are received into escrow.</p>
<p></p>
<p>Thanks,</p>
<p>Spelward Smart, LLC</p>
<p>Royce@Spelward.com</p>
<p>RoyceMBA@gmail.com</p>
<p>Royce.Jefferson@SpaceX.com</p>
<p></p> Refinancing Apartment Your Buildings No Upfront Feestag:realestatefinance.ning.com,2015-03-01:6517464:Topic:2196042015-03-01T16:02:41.123ZWinston Rowehttps://realestatefinance.ning.com/profile/WinstonRowe
<p style="text-align: center;"><span style="text-decoration: underline;"><strong><span class="font-size-4"><a href="http://www.winstonrowe.com" target="_blank">Winston Rowe And Associates Online</a></span></strong></span></p>
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<p>Winston Rowe and Associates offers multifamily loans to owners and investors seeking financing up to $50 million.<br></br><br></br>Whether you are looking to refinance an existing apartment building or purchase a new building, they have the loan program to help get your…</p>
<p style="text-align: center;"><span style="text-decoration: underline;"><strong><span class="font-size-4"><a href="http://www.winstonrowe.com" target="_blank">Winston Rowe And Associates Online</a></span></strong></span></p>
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<p>Winston Rowe and Associates offers multifamily loans to owners and investors seeking financing up to $50 million.<br/><br/>Whether you are looking to refinance an existing apartment building or purchase a new building, they have the loan program to help get your deal done.<br/><br/><b>Multifamily Lending Program:</b><br/><br/>No Upfront or Advance Fees<br/><br/>Senior financing from $500 thousand to $50 million<br/><br/>Competitive pricing and flexible call protection<br/><br/>Fixed and adjustable rate loan programs<br/><br/>Consider fractured condominium projects operated as for-rent multifamily properties<br/><br/>Loan terms up to 15 years<br/><br/>All of Winston Rowe & Associates apartment building financing solutions are offered at competitive rates, so owners and investors can spend less on interest and fees and turn an even bigger profit from their investment in an apartment building or complex.<br/><br/>When you contact Winston Rowe and Associates a principal is always available to take your call at <b>248-246-2243</b> or check them out online at <a rel="nofollow" href="http://www.winstonrowe.com" target="_blank">http://www.winstonrowe.com</a><br/><br/>Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia, Wisconsin, Wyoming</p> New Preferred Equity program for Commercial Properties - $100,000 to $600,000 Availabletag:realestatefinance.ning.com,2014-03-07:6517464:Topic:1592542014-03-07T23:11:59.741ZMike Haineshttps://realestatefinance.ning.com/profile/MikeHaines
<p>This is a brand new program offered by a direct lender.</p>
<p>This equity kicker can be used to top off a new commercial bank loan to 75% LTV for a purchase or refinance.</p>
<p>Scenario Examples:</p>
<p>1. You are an investor and want to purchase a $3M office building but you don't want to put more than 25% down, $750,000. You shop different lenders and can get a great deal on financing but the lender wont lend more than 65% of the purchase price requiring a 35% down payment or $1,050,000,…</p>
<p>This is a brand new program offered by a direct lender.</p>
<p>This equity kicker can be used to top off a new commercial bank loan to 75% LTV for a purchase or refinance.</p>
<p>Scenario Examples:</p>
<p>1. You are an investor and want to purchase a $3M office building but you don't want to put more than 25% down, $750,000. You shop different lenders and can get a great deal on financing but the lender wont lend more than 65% of the purchase price requiring a 35% down payment or $1,050,000, and the lender doesn't allow 2nd mortgages. You don't want to miss out on the great rate and terms so what do you do? You are short $300,000, $1,050,000 required minus $750,000 on hand.</p>
<p>In this scenario you can use the preferred equity program to make up the gap so you can qualify for the favorable financing and only be out of pocket the 25% you have plus closing costs.</p>
<p>2. You purchased a strip mall in 2004 for $2.6M and put down 25% ($650,000) taking out a first mortgage for $1,950,000 with a 10 year term. It is now 2014 and your balloon is coming due but you have a problem. Unfortunately during the great recession trough the value dropped to $2M but has rebounded to $2.5M but the value isn't high enough to cover the payoff on a refinance. Your bank won't do a refinance for more than 65% LTV ($2.5M x 65% = $1,625,000). The proceeds of the new loan won't be enough to cover your $1,950,000 existing mortgage. You are short $325,000 on the payoff and you barely survived the great recession and don't have the cash to bring in to cover the shortage plus the points and closing costs. Your bank won't allow a second and suggests that you find a partner to contribute $325,000 in cash in return for a partial ownership in the building. You go to family and friends but unfortunately they are in the same situation as you.</p>
<p>Fortunately for you, you find this preferred equity program and the investor agrees to cover the gap up to 75% of the current value. $2.5M x 75% = $1,875,000 minus $1,625,000 new loan amount = $250,000 equity investment. You are still short $75,000 but that is a much more manageable amount and sure beats defaulting on your balloon payment and getting sued for the deficiency.</p>
<p></p>
<p>This is a very unique program that isn't available anywhere else. Most preferred equity provider won't even look at deals smaller than $3M. For full details please email mhaineskw@gmail.com.</p>
<p></p>
<p>Thank You,</p>
<p>Michael Haines</p>
<p></p>
<p></p>
<p></p> I want to partner up with someone who need a credit partnertag:realestatefinance.ning.com,2013-09-19:6517464:Topic:1168882013-09-19T07:16:24.309Zshawnhttps://realestatefinance.ning.com/profile/shawn
<p>Looking to expand my network I have a 780 perfect credit score. I would like to partner up with the right business minded entrepreneur. One thing I must say if it don't make dollars it definitely don't make Cents. <a href="http://stlouisgroupbuild.com/">http://stlouisgroupbuild.com/</a></p>
<p>Looking to expand my network I have a 780 perfect credit score. I would like to partner up with the right business minded entrepreneur. One thing I must say if it don't make dollars it definitely don't make Cents. <a href="http://stlouisgroupbuild.com/">http://stlouisgroupbuild.com/</a></p> 34 Unit Apartment Building for sale in Maplewood (St Louis)tag:realestatefinance.ning.com,2013-07-22:6517464:Topic:908992013-07-22T23:04:05.581ZDaniel D. Dawsonhttps://realestatefinance.ning.com/profile/DanielDDawson
This off market 34 unit apartment building located in the popular city of Maplewood, near shopping, schools and so on. This 34 unit apartment building has several updated and non updated units. All 1 bedrooms, off street parking and more.<br />
<br />
Currently about 10 vacant units but filling up fast. This is a huge upside to purchase, update and raise rents to $550-$595 per month thus increasing value.<br />
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Purchase price of $1.326 Million. Owner may consider doing the updates for a higher price of around…
This off market 34 unit apartment building located in the popular city of Maplewood, near shopping, schools and so on. This 34 unit apartment building has several updated and non updated units. All 1 bedrooms, off street parking and more.<br />
<br />
Currently about 10 vacant units but filling up fast. This is a huge upside to purchase, update and raise rents to $550-$595 per month thus increasing value.<br />
<br />
Purchase price of $1.326 Million. Owner may consider doing the updates for a higher price of around $1.475 Million<br />
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This same owner has an additional 150 units he would be interested in selling.<br />
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Please contact for more info. Seeking private equity source(s) for large apartment complex in Pensacola...tag:realestatefinance.ning.com,2013-05-15:6517464:Topic:739602013-05-15T21:00:02.744ZJohn Busserhttps://realestatefinance.ning.com/profile/JohnBusser
<p>Purchasing 172-unit apartment complex in Pensacola, FL. Seller has offered to finance 80% on attractive terms; need 20% (740K) to accept financing offer. See Summary of this transaction, 3-page PDF, attached. Phone: 612.239.0970, or john@usa1usa.com. Equity investor will be given extremely generous return.</p>
<p>Purchasing 172-unit apartment complex in Pensacola, FL. Seller has offered to finance 80% on attractive terms; need 20% (740K) to accept financing offer. See Summary of this transaction, 3-page PDF, attached. Phone: 612.239.0970, or john@usa1usa.com. Equity investor will be given extremely generous return.</p> Arizona Commercial Bridge Lender No Upfront Fees Close In 2 Weekstag:realestatefinance.ning.com,2013-01-20:6517464:Topic:420282013-01-20T21:13:03.687ZWinston Rowehttps://realestatefinance.ning.com/profile/WinstonRowe
<div class="content" id="bd">Winston Rowe & Associates Arizona Commercial Financing Division focuses on providing commercial real estate financing solutions for a wide variety of commercial property types located across the state.<br></br><br></br>Winston Rowe & Associates offers Arizona commercial bridge loans, without advance of upfront fees. If you are looking for a commercial bridge loan or hard money bridge loan, you have come to the right place. <br></br><br></br>Their professional staff can…</div>
<div id="bd" class="content">Winston Rowe & Associates Arizona Commercial Financing Division focuses on providing commercial real estate financing solutions for a wide variety of commercial property types located across the state.<br/><br/>Winston Rowe & Associates offers Arizona commercial bridge loans, without advance of upfront fees. If you are looking for a commercial bridge loan or hard money bridge loan, you have come to the right place. <br/><br/>Their professional staff can explain the many options available to clients and together they can develop the best financing choice for your needs. <br/><br/>Many times a company is approved for a loan through its bank, or financial institution, but the loan doesn't close for 4-6 months. During that time we can provide a short-term commercial bridging loan, which will be paid back when the senior loan closes, so your short-term financial needs can be met. <br/><br/>As a bridge loan lender Winston Rowe & Associates can offer clients a peace of mind, by getting your bridge loan funded in two weeks.<br/><br/>Prospective clients from Arizona can speak directly to a principle at Winston Rowe & Associates at <b>248-246-2243</b> or email them at <b><a href="mailto:processing@winstonrowe.com" target="_blank">processing@winstonrowe.com</a></b> or check them out online at <b><a href="http://www.winstonrowe.com/" target="_blank">http://www.winstonrowe.com</a></b> <br/><br/>Winston Rowe & Associates provides no upfront or advance fee commercial bridge loans in the following states.<br/><br/>Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia, Wisconsin, Wyoming</div> <><><><> Stated Doc Commercial Loans Available HERE <><><><>tag:realestatefinance.ning.com,2013-01-11:6517464:Topic:403772013-01-11T13:32:14.444ZTrina Georgehttps://realestatefinance.ning.com/profile/TrinaGeorge
<p>Find out more about other loan programs and fill out the form to get started at:<br></br><a href="http://www.realestateentity.com/loans.html" target="_blank">www.realestateentity.com/loans.html</a></p>
<p><span style="color: #ff0000;"><strong>>>>> FAST CLOSINGS <<<<</strong></span></p>
<p><br></br>- $100k up to $5M loan amount <br></br>- up to 75% LTV of acquisition cost<br></br>- Rates range from 8% to 9.5% <br></br>- Fixed 2, 3, 5, 7 & 10 year terms<br></br>- 25 year amortization<br></br>-…</p>
<p>Find out more about other loan programs and fill out the form to get started at:<br/><a href="http://www.realestateentity.com/loans.html" target="_blank">www.realestateentity.com/loans.html</a></p>
<p><span style="color: #ff0000;"><strong>>>>> FAST CLOSINGS <<<<</strong></span></p>
<p><br/>- $100k up to $5M loan amount <br/>- up to 75% LTV of acquisition cost<br/>- Rates range from 8% to 9.5% <br/>- Fixed 2, 3, 5, 7 & 10 year terms<br/>- 25 year amortization<br/>- 600 min FICO score</p>
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