All Discussions Tagged 'investing' - Real Estate Finance2024-03-28T10:09:22Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=investing&feed=yes&xn_auth=noLIMITED SEATING to invitation only event for SEASONED investorstag:realestatefinance.ning.com,2021-05-19:6517464:Topic:4588872021-05-19T14:47:35.044ZRob Beemanhttps://realestatefinance.ning.com/profile/RobBeeman508
<p>This for SEASONED Real Estate Investors ONLY.</p>
<p>Sorry, but it is not designed for Newbies.</p>
<p>So many real estate investors and builders seem to hit a plateau. They have grown well, but desire more. They want to get to the next level. However, something is preventing that from happening. Maybe it’s:</p>
<ul>
<li>Money</li>
<li>Inventory</li>
<li>The RIGHT people</li>
<li>The BEST connections</li>
<li>Fear</li>
</ul>
<p>Could be one or more of these (or something else). Bottom line…</p>
<p>This for SEASONED Real Estate Investors ONLY.</p>
<p>Sorry, but it is not designed for Newbies.</p>
<p>So many real estate investors and builders seem to hit a plateau. They have grown well, but desire more. They want to get to the next level. However, something is preventing that from happening. Maybe it’s:</p>
<ul>
<li>Money</li>
<li>Inventory</li>
<li>The RIGHT people</li>
<li>The BEST connections</li>
<li>Fear</li>
</ul>
<p>Could be one or more of these (or something else). Bottom line is, they want to scale for <em>more </em>growth, and need assistance.</p>
<p>Now what they seek can be found. Why? They aren't alone, others have been there too............and they figured out how to show those seeking how to gain what they seek, and help them obtain it.</p>
<p>This isn't a get rich quick pitch event. It's not a bunch of guys in fancy sports cars flashing copies of checks (although most could if they wanted to). It’s not sales pitches for services or products.</p>
<p>It's an <em>invitation only</em> event attended by roughly only 60 seasoned real estate investment operators that have built or rehabbed 1000's of properties, own 10,000+ multifamily units and are learning how to better manage and grow their business from leaders that have built businesses of 300+ employees with sales of $120MM+ and $1 Billion+ in assets (in the same industry).</p>
<p>It's serious info and awesome real player contacts packed into 3 days, and it's amazing what you can take away from it! No newbies or tire kickers there........just serious operators hungry to get to the next level.....and beyond. When was the last time you were able to sit next to (and network with) a person who has flipped 1000 properties or owns 10,000+ rental units, and is willing to share how they got there?</p>
<p>If you are a seasoned real estate investor desiring to get to the next level, email me your contact info to discuss receiving an invitation to this event taking place in<span> </span><strong>North Carolina July 7<sup>th</sup><span> </span>to the 11<sup>th</sup></strong>. My email: RBeeman@DLPLending.com.</p> TRUE 100% CLTV lending for real estate investors.tag:realestatefinance.ning.com,2019-03-18:6517464:Topic:3385992019-03-18T23:27:49.942ZEddie Starrhttps://realestatefinance.ning.com/profile/EddieStarr
<p>This is TRUE 100% CLTV for the purchase of residential and commercial real estate. Some may do a 50 (lender) / 30 (seller) / 20 (borrower), or require a minimum of 10% down (on $100,000, that is $10,000 you need down). If we offer you 50%, the seller carries 50%. If we offer 60%, the seller holds 40%. With our hard money/bridges, you don't need to put anything down!</p>
<p>We need you to provide:</p>
<p>- Clean title. Either you go through a title company, or the seller/rep provides you with…</p>
<p>This is TRUE 100% CLTV for the purchase of residential and commercial real estate. Some may do a 50 (lender) / 30 (seller) / 20 (borrower), or require a minimum of 10% down (on $100,000, that is $10,000 you need down). If we offer you 50%, the seller carries 50%. If we offer 60%, the seller holds 40%. With our hard money/bridges, you don't need to put anything down!</p>
<p>We need you to provide:</p>
<p>- Clean title. Either you go through a title company, or the seller/rep provides you with it.</p>
<p>- A recent appraisal; case by case max is 9 months.</p>
<p>- Closing costs. Remember, when you negotiate, you can ask for the seller to pay closing costs, aka, a seller credit.</p>
<p>- Doc Fee. This is our law firm's fee to put the papework together.</p>
<p>If you have a clean title, recent appraisal, and negotiate a seller credit, you only have a Doc Fee!</p>
<p>Lending criteria:</p>
<p>- We can lend from $100K - $3M; over 3M is case by case.</p>
<p>- Residentail and commercial real estate; if O/O, it must be for business only.</p>
<p>- Land must either be cash-flowing (ie, commercial parking lot), or there must be some type of real estate on it, up to 5A; no raw land/ground up construction.</p>
<p>- Your credit is only to set the interest rate. We've helped people with a FICO under 400, and with over 200 inquires.</p>
<p>- All 50 States, only.</p>
<p>Please call: 209-691-5393 from 9-5 PST</p> 9 1/2 aged (shelf) NM LLC for saletag:realestatefinance.ning.com,2018-12-03:6517464:Topic:3335912018-12-03T22:25:27.569ZAnke Hernandezhttps://realestatefinance.ning.com/profile/AnkeHernandez
<p><span>I have a New Mexico shelf company (LLC) for sale. The LLC was registered in June 2009, and is in good standing. The LLC was set up (by me) for a real estate investing purpose, and has "real estate" in the name. It has an EIN number, as well as a Duns number. It might have a D&B rating, since it's in their system since 2009, but I don't know what the rating is. </span><br></br><br></br><span>The LLC has further nothing attached to it. No established credit, no trade lines, never had a bank…</span></p>
<p><span>I have a New Mexico shelf company (LLC) for sale. The LLC was registered in June 2009, and is in good standing. The LLC was set up (by me) for a real estate investing purpose, and has "real estate" in the name. It has an EIN number, as well as a Duns number. It might have a D&B rating, since it's in their system since 2009, but I don't know what the rating is. </span><br/><br/><span>The LLC has further nothing attached to it. No established credit, no trade lines, never had a bank account etc. Completely clean. This is not a LLC that I bought, I set it up my self to use for real estate investing, but never actually used it.</span><br/><br/><span>New Mexico has very easy filing requirements for domestic LLC's: no yearly filings are required. It is also not necessary to file an operating agreement, and an operating agreement was in fact never set up for the LLC. But please do your own due diligence regarding filing requirements etc. </span></p>
<p><span>Asking $5,000. </span></p> National Commercial Loan Programstag:realestatefinance.ning.com,2018-11-03:6517464:Topic:3320212018-11-03T13:06:55.687ZWinston Rowehttps://realestatefinance.ning.com/profile/WinstonRowe
<p style="text-align: center;"><span style="font-size: 14pt;"><a href="http://www.winstonrowe.com" rel="noopener" target="_blank">National Commercial Loan Programs</a></span></p>
<p>Winston Rowe and Associates is an independent privately held commercial real estate finance company originating commercial loans nationwide.</p>
<p>We have the knowledge, expertise and strategic relationships required to provide you with the most competitive rates and terms for your commercial…</p>
<p style="text-align: center;"><span style="font-size: 14pt;"><a href="http://www.winstonrowe.com" target="_blank" rel="noopener">National Commercial Loan Programs</a></span></p>
<p>Winston Rowe and Associates is an independent privately held commercial real estate finance company originating commercial loans nationwide.</p>
<p>We have the knowledge, expertise and strategic relationships required to provide you with the most competitive rates and terms for your commercial property.</p>
<p><strong>Nationwide Financing Program Overview:</strong> </p>
<ul>
<li>No Upfront Fees</li>
<li>Loan Amounts: $250,000. to $50,000,000.</li>
<li>Loan to Value: 75% Purchase, 65% Refinance, 60% Bridge Loans</li>
<li>Interest Only Loans</li>
<li>Non-Recourse Loans</li>
<li>Construction Loans</li>
<li>Private Capital Bridge Loans </li>
</ul>
<p><strong>Commercial Property Types:</strong> </p>
<ul>
<li>Apartment Buildings</li>
<li>Student Housing</li>
<li>Senior Housing</li>
<li>Assisted Living</li>
<li>Office Buildings</li>
<li>Medical Buildings</li>
<li>Industrial Buildings</li>
<li>Self-Storage</li>
<li>Strip Malls & Shopping Centers</li>
<li>Hotels, Motels, Resorts</li>
<li>Manufactured Home Communities</li>
<li>Owner Occupied Business with Real Estate</li>
<li>Fix & Flip Rehab Rental</li>
<li>Rental Homes & Portfolios</li>
<li>Real Estate Portfolios</li>
<li>Construction</li>
</ul>
<p> </p>
<p>Winston Rowe and Associates is able to offer a diverse mix of commercial real estate loans to meet the individual borrowing needs and investment objectives of its borrowers.</p> Apartment Building Refinance, Rehab or Acquisition Nationwide Winston Rowe & Associatestag:realestatefinance.ning.com,2018-11-03:6517464:Topic:3317942018-11-03T13:00:36.404ZWinston Rowehttps://realestatefinance.ning.com/profile/WinstonRowe
<p style="text-align: center;"><a href="http://www.winstonrowe.com" rel="noopener" target="_blank"><span style="font-size: 18pt;">Apartment building financing is a Winston Rowe & Associates specialty.</span></a></p>
<p><span>They have creative capital sources who can structure a loan for that apartment building you want to buy, refinance or rehabilitate.</span><br></br><br></br><span>Apartment Building Investors have been turning to Winston Rowe & Associates because many conventional banks have…</span></p>
<p style="text-align: center;"><a href="http://www.winstonrowe.com" target="_blank" rel="noopener"><span style="font-size: 18pt;">Apartment building financing is a Winston Rowe & Associates specialty.</span></a></p>
<p><span>They have creative capital sources who can structure a loan for that apartment building you want to buy, refinance or rehabilitate.</span><br/><br/><span>Apartment Building Investors have been turning to Winston Rowe & Associates because many conventional banks have been turning down borrowers looking for apartment building financing.</span><br/><br/><span>They provide a commercial lending platform backed by seasoned, experienced professionals, enabling Winston Rowe & Associates to provide a one-stop solution for loans for all multifamily property types.</span><br/><br/><span>Their apartment building funding solutions are offered at competitive rates, so owners and investors can spend less on interest and fees and maximize their investment profits on their apartment building or complex.</span><br/><br/><span>Winston Rowe & Associates provides highly customized apartment financing solutions to help meet the individual and investment needs and requirements of its borrowers.</span><br/><br/><b>Refinancing Solutions for Apartment Building:</b><br/><br/><span>No upfront fees for processing and due diligence</span><br/><br/><span>Solutions for all 50 States</span><br/><br/><span>Purchase, Cash Out and Refinance</span><br/><br/><span>Loan amounts starting at $1,000,000.</span><br/><br/><span>Discount note payoff with no new cash required</span><br/><br/><span>Portfolio repositioning</span><br/><br/><span>Winston Rowe & Associates always welcomes the opportunity to speak with clients directly. The can be contacted at </span><b>248-246-2243</b><span> or visit them on line at </span><a href="http://www.winstonrowe.com/" rel="nofollow">http://www.winstonrowe.com</a></p> How To Purchase An Apartment Complextag:realestatefinance.ning.com,2018-08-26:6517464:Topic:3285492018-08-26T18:41:24.703ZWinston Rowehttps://realestatefinance.ning.com/profile/WinstonRowe
<h1 class="mrgn" id="ahd"><a href="http://www.winstonrowe.com" rel="noopener" target="_blank">How To Purchase An Apartment Complex</a></h1>
<p><span>Buying an apartment complex is a long, sometimes complicated, process. It’s important for you to gather as much information as you can before you make the decision to buy. Applying for a mortgage to finance an apartment complex is not at all similar to applying for a home mortgage. Apartment complexes with four or more units are commercial…</span></p>
<h1 id="ahd" class="mrgn"><a href="http://www.winstonrowe.com" target="_blank" rel="noopener">How To Purchase An Apartment Complex</a></h1>
<p><span>Buying an apartment complex is a long, sometimes complicated, process. It’s important for you to gather as much information as you can before you make the decision to buy. Applying for a mortgage to finance an apartment complex is not at all similar to applying for a home mortgage. Apartment complexes with four or more units are commercial properties, and loans for them have different underwriting rules.</span><br/><br/><b>Types of Properties:</b><br/><br/><span>Decide if you want to purchase a residential apartment complex of a mixed-use building. A mixed-use building has a combination of office and residential units, but at least 80% of the space has to be residential. The complex has to have a grade of C+ or higher. This means you can’t rent the units daily or weekly, and the units can’t be single-occupancy, as in a rooming house or motel.</span><br/><br/><span>Gather information about the building you would like to buy. You may not be able to get a loan if the building will require excessive maintenance, or if the complex has not had 90% occupancy for the three months immediately preceding your loan application.</span><br/><br/><b>Background:</b><br/><br/><span>Talk to local real estate agents. Get their advice about the location you have in mind. Inquire about the possibilities of future zoning changes or any public works projects that may impact an income producing property. If there are plans for a regional airport to be built a few miles away in the next few years, for example, you might find it difficult to rent out your residential units. Don’t assume that everything will remain static; look at the past history of the location and try to imagine any major changes that could be likely to take place in the future.</span><br/><br/><b>Professional Expertise:</b><br/><br/><span>Have the building inspected by a professional who has experience inspecting commercial buildings. Make sure the inspection covers every aspect; don’t settle for a standard inspection, which may not include trouble spots, such as a wet basement. Pay extra money if you have to for a thorough inspection that goes above and beyond what is required by mortgage lenders. If the inspection reveals serious flaws, don’t make an offer, or reduce your offer amount by the amount it would cost to make the necessary repairs.</span><br/><br/><b>Supporting Documentation:</b><br/><br/><span>Assemble the documents you will need for the loan application. Your real estate agent will be able to assist you in this. Most lenders require the following documents, but your lending institution may require more:</span><br/><br/><span>The ensuing is a list of supporting documents that are required to process and underwrite (due diligence) your commercial loan request. Additional documents will be required.</span><br/><br/><b>Financial Supporting Documents:</b><br/><br/><span>The last three (3) years corporate tax returns</span><br/><br/><span>The last three (3) years business tax returns</span><br/><br/><span>Name and address of corporate bank</span><br/><br/><span>Business Profit & Loss 3 Years, For Seller or Buyer</span><br/><br/><span>Most recent copy of business bank statement</span><br/><br/><span>Personal financial statement for all guarantors</span><br/><br/><span>Use of Proceeds In An Excel Format For Cash Out Refinance</span><br/><br/><b>Property Supporting Documents:</b><br/><br/><span>Schedule of tenants leases</span><br/><br/><span>Copies of Tenant Leases</span><br/><br/><span>Schedule of Units with Square Foot Per Unit</span><br/><br/><span>Schedule of improvements to be made with cost breakdown to subject property</span><br/><br/><span>Exterior Photos of Subject Property Photos of Parking Lot, Street view</span><br/><br/><span>Interior Photos of Subject Property</span><br/><br/><span>Most Recent Appraisal</span><br/><br/><span>Copy of the First Page of the Insurance Binder for Refinance</span><br/><br/><span>List of All Litigation Past and Present</span><br/><br/><b>Guarantor Supporting Documents:</b><br/><br/><span>4506 T executed</span><br/><br/><span>Tri merge credit report</span><br/><br/><span>Government issued photo ID copy – front and back</span><br/><br/><span>Personal Financial Statement</span><br/><br/><span>Articles of Incorporation</span></p> Maximizing Apartment Building Investmentstag:realestatefinance.ning.com,2018-08-26:6517464:Topic:3286492018-08-26T18:39:49.773ZWinston Rowehttps://realestatefinance.ning.com/profile/WinstonRowe
<h1 class="mrgn" id="ahd"><a href="http://www.winstonrowe.com" rel="noopener" target="_blank">Maximizing Apartment Building Investments</a></h1>
<p><span>Real estate investors, especially those that invest in residential apartment buildings or entire complexes, have a wide range of products and services at their disposal to help ensure they keep their units filled and properly maintained.</span><br></br><br></br><span>As we all know, each time an apartment turns-over it costs money in order to prepare…</span></p>
<h1 id="ahd" class="mrgn"><a href="http://www.winstonrowe.com" target="_blank" rel="noopener">Maximizing Apartment Building Investments</a></h1>
<p><span>Real estate investors, especially those that invest in residential apartment buildings or entire complexes, have a wide range of products and services at their disposal to help ensure they keep their units filled and properly maintained.</span><br/><br/><span>As we all know, each time an apartment turns-over it costs money in order to prepare the apartment for the next resident. It must be cleaned, often updates may be necessary, such as replacing counter tops, appliances, carpeting and tiles.</span><br/><br/><span>The better resident you can place and the longer they stay the more money you save. One of the main ways to maintain residents is to provide a wide range of amenities and keep the property well maintained. Not just the interior, but the exterior and the surrounding grounds like fountains, playgrounds, pools, gym-facilities and dog areas.</span><br/><br/><span>There are several products and services that can help building management find the right residents. Other than screening and conducting the proper credit procedures, having a company in place to take care of the maintenance is another key area of importance.</span><br/><br/><span>Hiring the right property management firm can be instrumental in helping apartment building owners keep their properties attractive to the right kind of renters and maintain the property inside and out in order to maintain the integrity of the asset.</span><br/><br/><span>Many property management companies offer a wide range of products and services that will keep a property well-maintained. They can create a schedule of services to make sure that all units get seasonal maintenance several times a year.</span><br/><br/><span>Winston Rowe & Associates always welcomes the opportunity to speak with clients directly. The can be contacted at </span><b>248-246-2243</b><span> or visit them on line at </span><a href="http://www.winstonrowe.com/" rel="nofollow">http://www.winstonrowe.com</a></p> Success Tips For Buying An Apartment Buildingtag:realestatefinance.ning.com,2018-08-26:6517464:Topic:3285472018-08-26T18:37:00.668ZWinston Rowehttps://realestatefinance.ning.com/profile/WinstonRowe
<h1 class="mrgn" id="ahd"><a href="http://www.winstonrowe.com" rel="noopener" target="_blank">Success Tips For Buying An Apartment Building</a></h1>
<p><span>A deal comes in for a 12-unit apartment building from one of your brokers. He faxes you a rent roll and a list of expenses.</span></p>
<p><span>The asking price is $575,000, and he’s asking for what you want to do. It’s relatively easy to answer the question is this a deal, the answer is usually no, the harder question to answer is; what…</span></p>
<h1 id="ahd" class="mrgn"><a href="http://www.winstonrowe.com" target="_blank" rel="noopener">Success Tips For Buying An Apartment Building</a></h1>
<p><span>A deal comes in for a 12-unit apartment building from one of your brokers. He faxes you a rent roll and a list of expenses.</span></p>
<p><span>The asking price is $575,000, and he’s asking for what you want to do. It’s relatively easy to answer the question is this a deal, the answer is usually no, the harder question to answer is; what is the most I would pay for this deal and why?</span><br/><br/><b>How to Quickly Analyze an Apartment Building Deal using the 50% Rule<br/><br/>Step 1: Determine your Investment Criteria</b><br/><br/><span>Before you can seriously answer this question, you need to decide what your investment criteria are. If you plan to syndicate the deal, you need to answer the same question for your investors.</span><br/><br/><span>What is the minimum cash on cash return and average annual return that you and your investors will be happy with?</span><br/><br/><span>For example, you might decide that you won’t touch anything with less than a 10% cash on cash return and an overall average annual return of 20%.</span><br/><br/><span>If you’re syndicating the deal, you need to decide what returns you want for your investors. What minimum returns will you need to show to attract capital?</span><br/><br/><span>Before you can analyze a deal, you need to determine your investment criteria. Otherwise, how will you know if you have a deal?</span><br/><br/><b>Step 2: Determine Fair Market Value Using the Cap Rate</b><br/><br/><span>We are not going to explain the “cap rate here, but I do want to give you some tips for determining what cap rate you should use in your analysis.</span><br/><br/><span>The BEST way to determine what similar properties have sold at is to ask you brokers. Hopefully you’re working with a handful of good brokers who are feeding you deals.</span></p>
<p><span>If they’re worth anything, they’ll tell you what the prevailing cap rates are in the area and will send you comps for the area you’re looking in. From that, you can create valuable information about the cap rate and price per unit.</span><br/><br/><span>Let’s assume that the prevailing cap rate for your market is 8% for similar buildings. That just means you have a way to assess fair market value, but who’s happy with that? You may decide that you don’t want to get into a building with anything less than a 10 cap, and that is a fine investment criterion.</span><br/><br/><span>Knowing the market cap rate is important for estimating the re-sale value and your financial projections later on. Also, it may be unrealistic to look for 10 cap deals in an area where everything else is selling at a 6-cap, make sense?</span><br/><br/><b>Step 3: Assess the Value of the Building Using the 50% Rule</b><br/><br/><span>Now you can quickly assess what you want to pay for any deal that comes in. Assume the seller is reporting gross scheduled income of $100,000. In our income projections, we will use an occupancy rate of 90% unless the seller provides a lower number. If the reported expenses are less than 50% of income, then ignore what’s reported and use 50% to calculate the Net Operating Income (NOI).</span><br/><br/><b>Apply your desired cap rate to get the current valuation of the building:</b><br/><br/><span>If the asking price is above $450,000, you can now quickly get back to the broker and say that the fundamentals aren’t right. You can say that the expenses are clearly under-reported, or the vacancy rate, etc. You might say, the expenses are way low. Assuming 50% of expenses, and using the reported rental income, in order to get at my desired cap rate, I could spend no more than $425,000 and see how flexible the buyer is.</span><br/><br/><span>Using the 50% rule makes it easy to quickly answer the question “what is the most I could pay for this apartment building investment deal and why? It will save you tons of timing in phase 1 of the analysis and makes you more responsive when a deal first comes in.</span><br/><br/><span>When speed and experience are important and crucial to your commercial real estate investing success, a principal at Winston Rowe & Associates is always available to speak with prospective clients.</span><br/><br/><span>They can be contacted at </span><b>248-246-2243</b><span> or visit them out online at </span><a href="http://www.winstonrowe.com/" rel="nofollow">http://www.winstonrowe.com</a></p> The True Difference between Alternative Lenders and Bankstag:realestatefinance.ning.com,2018-08-26:6517464:Topic:3287342018-08-26T18:33:13.544ZWinston Rowehttps://realestatefinance.ning.com/profile/WinstonRowe
<h1 class="mrgn" id="ahd"><a href="http://www.winstonrowe.com" rel="noopener" target="_blank">The True Difference between Alternative Lenders and Banks</a></h1>
<p><span>A lot of misconception has arisen around the alternative lending field as it relates to conventional bank financing.</span></p>
<p><span>Part of the issue is that alternative financing can refer to a plethora of different programs. Bridge loans, equipment financing, merchant cash advances, crowd funding, and hard money loans…</span></p>
<h1 id="ahd" class="mrgn"><a href="http://www.winstonrowe.com" target="_blank" rel="noopener">The True Difference between Alternative Lenders and Banks</a></h1>
<p><span>A lot of misconception has arisen around the alternative lending field as it relates to conventional bank financing.</span></p>
<p><span>Part of the issue is that alternative financing can refer to a plethora of different programs. Bridge loans, equipment financing, merchant cash advances, crowd funding, and hard money loans all can be classified as “alternative”</span><span>. In general, there are four characteristics that separate an alternative lender from a bank.</span><br/><br/><span>First, the source of capital. Banks use one of two sources to lend: deposits and/or “warehouse”</span><span> lines of credit. The warehouse L.O.C.’s come from other, larger, banks, often through the federal system.</span></p>
<p><span>Private lenders generally draw from a private pool of capital. That private pool can consist of several wealthy investor individuals, a family office(s), or institutional money (e.g., insurance firms).</span></p>
<p><span>The primary difference is that the bank capital is highly regulated, whereas the alternative lender capital is not.</span><br/><br/><span>Second, the flexibility of the lender. Since alternative lenders are not subject to FDIC regulations they can be more creative in structuring their transactions.</span></p>
<p><span>While they still have to fully underwrite (document) their loans, in order to protect their investors, they are able to craft solutions that banks cannot because of their FDIC restrictions.</span><br/><br/><span>Third, the requirements for repayment methods are less stringent with alternative lenders. A bank will generally require verification of three different ways to get the loan repaid.</span></p>
<p><span>For instance, in a commercial real estate loan they may want to see that the property produces enough revenue to make the loan payment.</span></p>
<p><span>As a backup to that they may want to verify that the borrower has enough personal income, or assets to liquidate, to make the payments should the property stop producing enough revenue. And as a further backup to that they will make sure that there is enough equity in the property (Loan-to-Value)</span><span> that should they have to repossess the property they can sell it for enough to make themselves whole.</span></p>
<p><span>Alternative lenders generally will look for a solid exit strategy, verify that, and satisfy themselves with a single backup option.</span><br/><br/><span>Finally, the decision making process. Bank applications start with a loan officer. Then the loan request is sent through the underwriting department.</span></p>
<p><span>If it is acceptable from that point it is then sent to a loan committee for review. The committee consists of several officers of the bank. Finally, if the committee approves it then the Chief Credit Officer has to sign off on it. An alternative lender will often mimic the first two steps but thereafter differs. Often there is a fund manager who holds sole approval power.</span></p>
<p><span>If not, they may have a very small loan committee of 2-3 people who can decide quickly. Banks have regularly scheduled loan committee meetings; alternative lenders make loan decisions as the underwriting is completed. This makes them much more responsive.</span><br/><br/><span>In short, because they do not have to deal with multiple regulating bodies and burdensome compliance issues, alternative lenders can be much more flexible and timely than a bank.</span><br/><br/><span>The need for alternative sources of capital in the commercial real estate industry has never been greater. Winston Rowe & Associates is a capital source that provides flexible, reliable and timely solutions for owners of commercial real estate nationwide.</span><br/><br/><span>When experience is important and timing is crucial. When you contact them, a principle is always available to speak with prospective clients. They can be contacted at </span><b>248-246-2243</b><span> or review them on line at </span><b><a href="http://www.winstonrowe.com/" rel="nofollow">http://www.winstonrowe.com</a></b><br/><br/></p>
<div><b>Contact</b><br/>Staff Writer<br/><a href="https://www.prlog.org/email-contact.html#12386176">processing@winstonrowe.com</a><br/>248-246-2243</div> Finding a Good Commercial Real Estate Dealtag:realestatefinance.ning.com,2018-08-26:6517464:Topic:3285442018-08-26T18:30:59.468ZWinston Rowehttps://realestatefinance.ning.com/profile/WinstonRowe
<h1 class="mrgn" id="ahd"><a href="http://www.winstonrowe.com" rel="noopener" target="_blank">Finding a Good Commercial Real Estate Deal</a></h1>
<p><span>Ask any real estate professional about the benefits of investing in commercial property and you'll likely trigger a monologue on how such properties are a better deal than residential real estate.</span><br></br><br></br><span>Commercial property owners love the additional cash flow, the beneficial economies of scale, the relatively open playing…</span></p>
<h1 id="ahd" class="mrgn"><a href="http://www.winstonrowe.com" target="_blank" rel="noopener">Finding a Good Commercial Real Estate Deal</a></h1>
<p><span>Ask any real estate professional about the benefits of investing in commercial property and you'll likely trigger a monologue on how such properties are a better deal than residential real estate.</span><br/><br/><span>Commercial property owners love the additional cash flow, the beneficial economies of scale, the relatively open playing field, and the abundant market for good, affordable property managers and the bigger payoff from commercial real estate.</span><br/><br/><b>Learn What the Insiders Know</b><br/><br/><span>To be a player in commercial real estate, learn to think like a professional. For example, know that commercial property is valued differently than residential property. Income on commercial real estate is directly related to its usable square footage.</span><br/><br/><span>That's not the case with individual homes. You'll also see a bigger cash flow with commercial property. The math is simple: you'll earn more income on multifamily dwellings, for instance, than on a single-family home. Know also that commercial property leases are longer than on single-family residences. That paves the way for greater cash flow.</span><br/><br/><span>Lastly, if you're in a tighter credit environment, make sure to come knocking with cash in hand. Commercial property lenders like to see at least 30% down before they'll give a loan the green light.</span><br/><br/><b>Map Out a Plan of Action</b><br/><br/><span>Setting parameters is a top priority in a commercial real estate deal. How much can you afford to pay? How much do you expect to make on the deal? Who are the key players? How many tenants are already on board and paying rent? How much rental space do you need to fill?</span><br/><br/><b>Learn to Recognize a Good Deal</b><br/><br/><span>The top real estate pros know a good deal when they see one. What's their secret? First, they have an exit strategy – the best deals are the ones where you know you can walk away from. It helps to have a sharp, landowner's eye – always be looking for damage that requires repairs, know how to assess risk and make sure to break out the calculator to ensure that the property meets your financial goals.</span><br/><br/><b>Locate A Commercial Finance Expert</b><br/><br/><span>Commercial real estate investors have been turning to Winston Rowe & Associates for their national hard money bridge loan programs that have no upfront or advance fees.</span><br/><br/><span>A key benchmark of Winston Rowe & Associates is they can provide a solution to clients within days, not weeks or months.</span><br/><br/><span>Many of their clients find this extremely advantageous when they are considering opportunistic investments or in need of a discount pay off of their current commercial loan.</span><br/><br/><span>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.</span><br/><br/><span>If you would like more information about inston Rowe & Associates, give them a call. A principal is always ready to speak with prospective clients at </span><b>248-246-2243</b><span>, or visit them online at </span><b><a href="http://www.winstonrowe.com/" rel="nofollow">http://www.winstonrowe.com</a></b><br/><br/></p>
<div><b>Contact</b><br/>Staff Writer<br/><a href="https://www.prlog.org/email-contact.html#12392847">processing@winstonrowe.com</a><br/>248-246-2243</div>
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