All Discussions Tagged 'units' - Real Estate Finance2024-03-28T23:51:09Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=units&feed=yes&xn_auth=noSeeking $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>
<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 …</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> Bridge loans? Construction loan? Refinance? We have it alltag:realestatefinance.ning.com,2015-04-16:6517464:Topic:2260242015-04-16T01:28:18.539ZRoger Abuatahttps://realestatefinance.ning.com/profile/RogerAbuata
<p><strong> Commercial Loan programs</strong><br></br> <strong> We fund nationwide and some internationally</strong><br></br> <strong><span style="text-decoration: underline; color: #000000;">Permanent/Fixed Rate Financing:</span></strong><br></br> Permanent/Fixed Rate Financing is the core product that is utilized most throughout the commercial<br></br> real estate industry. The Borrowers can lock an existing loan from…</p>
<p><strong> Commercial Loan programs</strong><br/> <strong> We fund nationwide and some internationally</strong><br/> <strong><span style="text-decoration: underline; color: #000000;">Permanent/Fixed Rate Financing:</span></strong><br/> Permanent/Fixed Rate Financing is the core product that is utilized most throughout the commercial<br/> real estate industry. The Borrowers can lock an existing loan from anywhere from 2 to<br/> 30 years based on the property type. Our relationships with our lenders are a key component in<br/> assisting its client's permanent financing needs.</p>
<p><br/> <span style="text-decoration: underline;"><strong>Bridge/Renovation Financing:</strong></span><br/> Through the relationships that we have with a variety of leading lending sources, we can offer<br/> customized Bridge/Renovation, Construction, Floating-Rate, Forward Commitment, Mezzanine/<br/> Preferred Equity and Permanent/Fixed Rate financing alternatives.</p>
<p><br/> <span style="color: #000000;"><strong><span style="text-decoration: underline;">Floating-Rate Financing:</span></strong></span><br/> Floating-rate financing usually utilizes the London Interbank Offered Rate (LIBOR). This<br/> product is very attractive to Borrowers who have a lot of upside in an existing property and<br/> need a short period of time to stabilize an existing property. These rates have been at the<br/> historical lows and have been very popular as they usually have minimal or no prepayment<br/> penalties. We assist borrowers to utilize these flexible structures for their short term needs</p>
<p><br/> <span style="text-decoration: underline;"><strong><span style="text-decoration: underline;">Mezzanine/Preferred Equity Financing:</span></strong></span><br/> Mezzanine/Preferred Equity Financing can be structured in many different ways. We assist<br/> borrowers who need to bridge the gap between what a conventional lender is willing to<br/> finance and the total amount needed to complete a transaction. The transaction can be<br/> structured as partnership debt, preferred equity, or a mezzanine loan. The key to these<br/> transactions are the ability to creatively structure the transaction.</p>
<p><br/> <span style="color: #000000;"><span style="text-decoration: underline;"><strong>Joint Venture Equity:</strong></span> </span> Introducing strategic capital for specific projects- development, value-add, or stabilized assets<br/> - allows our clients to get maximum leverage on their capital and opens up opportunities to<br/> pursue larger deals versus being limited to conventional family and friends deals. JV money<br/> typically will invest between 90-95% of the required equity. JV Equity is available in all major<br/> product types (retail, office, industrial, hotel, and multi-family).</p>
<p><br/> <span style="text-decoration: underline; color: #000000;"><strong>Construction Financing:</strong></span> Construction financing is a short-term loan utilized by borrowers to finance the costs of building<br/> an existing facility. Every loan varies depending on the product type and the amount of<br/> time it takes to complete the building process. We can assist all borrowers in finding the best<br/> structure, leverage and rate for these critical loans.</p>
<p><br/> <span style="text-decoration: underline; color: #000000;"><strong>Private Money:</strong></span> Private Financing Group arranges alternative financing for real estate owners, developers<br/> and entrepreneurs. Real estate secured financing programs structured to meet the needs<br/> of each borrower.</p>
<p><br/> <span style="text-decoration: underline; color: #000000;"><strong>Types of properties:</strong></span><br/> Hotel, Motel (flagged and Un‐flagged), Casino, Assisted living facilities, Senior living facilities, Office buildings Class A, B, C, D, Industrial Building Class A, B, C, D, Multi-family apartments, Medical facilities, Retail, Shopping centers, Malls, Gas stations, Owner user Class A, B, C, D</p>
<p> For information about any scenario you may have, please contact<br/> Roger Abuata<br/> hardmoneyloans4you@gmail.com</p> Commercial loan programs - Nationwidetag:realestatefinance.ning.com,2015-04-16:6517464:Topic:2261432015-04-16T01:23:37.177ZRoger Abuatahttps://realestatefinance.ning.com/profile/RogerAbuata
<p> <strong>Commercial Loan programs</strong><br></br> <strong> We fund nationwide and some internationally</strong><br></br> <strong><span style="text-decoration: underline; color: #000000;">Permanent/Fixed Rate Financing:</span></strong><br></br> Permanent/Fixed Rate Financing is the core product that is utilized most throughout the commercial<br></br> real estate industry. The Borrowers can lock an existing loan from…</p>
<p> <strong>Commercial Loan programs</strong><br/> <strong> We fund nationwide and some internationally</strong><br/> <strong><span style="text-decoration: underline; color: #000000;">Permanent/Fixed Rate Financing:</span></strong><br/> Permanent/Fixed Rate Financing is the core product that is utilized most throughout the commercial<br/> real estate industry. The Borrowers can lock an existing loan from anywhere from 2 to<br/> 30 years based on the property type. Our relationships with our lenders are a key component in<br/> assisting its client's permanent financing needs.</p>
<p><br/> <span style="text-decoration: underline;"><strong>Bridge/Renovation Financing:</strong></span><br/> Through the relationships that we have with a variety of leading lending sources, we can offer<br/> customized Bridge/Renovation, Construction, Floating-Rate, Forward Commitment, Mezzanine/<br/> Preferred Equity and Permanent/Fixed Rate financing alternatives.</p>
<p><br/> <span style="color: #000000;"><strong><span style="text-decoration: underline;">Floating-Rate Financing:</span></strong></span><br/> Floating-rate financing usually utilizes the London Interbank Offered Rate (LIBOR). This<br/> product is very attractive to Borrowers who have a lot of upside in an existing property and<br/> need a short period of time to stabilize an existing property. These rates have been at the<br/> historical lows and have been very popular as they usually have minimal or no prepayment<br/> penalties. We assist borrowers to utilize these flexible structures for their short term needs</p>
<p><br/> <span style="text-decoration: underline;"><strong><span style="text-decoration: underline;">Mezzanine/Preferred Equity Financing:</span></strong></span><br/> Mezzanine/Preferred Equity Financing can be structured in many different ways. We assist<br/> borrowers who need to bridge the gap between what a conventional lender is willing to<br/> finance and the total amount needed to complete a transaction. The transaction can be<br/> structured as partnership debt, preferred equity, or a mezzanine loan. The key to these<br/> transactions are the ability to creatively structure the transaction.</p>
<p><br/> <span style="color: #000000;"><span style="text-decoration: underline;"><strong>Joint Venture Equity:</strong></span> </span> Introducing strategic capital for specific projects- development, value-add, or stabilized assets<br/> - allows our clients to get maximum leverage on their capital and opens up opportunities to<br/> pursue larger deals versus being limited to conventional family and friends deals. JV money<br/> typically will invest between 90-95% of the required equity. JV Equity is available in all major<br/> product types (retail, office, industrial, hotel, and multi-family).</p>
<p><br/> <span style="text-decoration: underline; color: #000000;"><strong>Construction Financing:</strong></span> Construction financing is a short-term loan utilized by borrowers to finance the costs of building<br/> an existing facility. Every loan varies depending on the product type and the amount of<br/> time it takes to complete the building process. We can assist all borrowers in finding the best<br/> structure, leverage and rate for these critical loans.</p>
<p><br/> <span style="text-decoration: underline; color: #000000;"><strong>Private Money:</strong></span> Private Financing Group arranges alternative financing for real estate owners, developers<br/> and entrepreneurs. Real estate secured financing programs structured to meet the needs<br/> of each borrower.</p>
<p><br/> <span style="text-decoration: underline; color: #000000;"><strong>Types of properties:</strong></span><br/> Hotel, Motel (flagged and Un‐flagged), Casino, Assisted living facilities, Senior living facilities, Office buildings Class A, B, C, D, Industrial Building Class A, B, C, D, Multi-family apartments, Medical facilities, Retail, Shopping centers, Malls, Gas stations, Owner user Class A, B, C, D</p>
<p> For information about any scenario you may have, please contact<br/> Roger Abuata<br/> hardmoneyloans4you@gmail.com</p> Where are all the borrowers at?tag:realestatefinance.ning.com,2015-03-30:6517464:Topic:2236012015-03-30T19:55:41.735ZRoger Abuatahttps://realestatefinance.ning.com/profile/RogerAbuata
<p>I have been off for a while and did not check on this site during that time, but when I came back to it this morning, I noticed that there aren't many borrowers posting asking for funds.. What is going on? Where are all the borrowers at? Did they all get funding and no need for more?</p>
<p>Or, are they tired of waiting for lenders to give them the 100% financing they are always looking for?</p>
<p>Don't know, but something to think about.</p>
<p>I have arranged and funded loans for…</p>
<p>I have been off for a while and did not check on this site during that time, but when I came back to it this morning, I noticed that there aren't many borrowers posting asking for funds.. What is going on? Where are all the borrowers at? Did they all get funding and no need for more?</p>
<p>Or, are they tired of waiting for lenders to give them the 100% financing they are always looking for?</p>
<p>Don't know, but something to think about.</p>
<p>I have arranged and funded loans for Multi-family, Hotels, Motels, Industrial, Strip malls and Mixed use.. Contact me if you have any questions at: hardmoneyloans4you@gmail.com</p>
<p></p> We can fund your project anywhere in the USA..tag:realestatefinance.ning.com,2015-01-20:6517464:Topic:2135502015-01-20T22:46:11.586ZRoger Abuatahttps://realestatefinance.ning.com/profile/RogerAbuata
<p>We can fund any legit project anywhere in the USA, just email me your Executive summary and I will get you an answer within 48 business hours.</p>
<p>Our loans include but not limited to the following:</p>
<p><b>Permanent/Fixed Rate Financing, Floating-Rate Financing, Bridge/Renovation Financing, Mezzanine/Preferred Equity Financing, Joint Venture Equity, Construction Financing, Private Money.</b></p>
<p>For all of the following properties:</p>
<p><b>Multi-Family/Apartments</b>,…</p>
<p>We can fund any legit project anywhere in the USA, just email me your Executive summary and I will get you an answer within 48 business hours.</p>
<p>Our loans include but not limited to the following:</p>
<p><b>Permanent/Fixed Rate Financing, Floating-Rate Financing, Bridge/Renovation Financing, Mezzanine/Preferred Equity Financing, Joint Venture Equity, Construction Financing, Private Money.</b></p>
<p>For all of the following properties:</p>
<p><b>Multi-Family/Apartments</b>, <b>Retail</b>, <b>Office</b> - Class A, B, C, D properties, <b>Industrial/Self Storage</b><br/> Class A, B, C and D Properties, <b>Hotel (hospitality)</b>, <b>Owner/User</b> - Class A, B, C, D Properties, <b>Special Use</b> - auto repair, gas station, church, car wash, hospital, urgent care, golf course, marinas and more, <b>Land</b> - commercial and residential development, farms, recreational and more</p>
<p>For more details, please contact me via email: hardmoneyloans4you@gmail.com</p> We can fund your project anywhere in the USA..tag:realestatefinance.ning.com,2015-01-20:6517464:Topic:2135482015-01-20T22:44:05.689ZRoger Abuatahttps://realestatefinance.ning.com/profile/RogerAbuata
<p>We can fund all legit projects through out the USA, just email me your Executive Summary and I will give you an answer within 48 business hours.</p>
<p>Our loans include but not limited to the following:</p>
<p><b>Permanent/Fixed Rate Financing, Floating-Rate Financing, Bridge/Renovation Financing, Mezzanine/Preferred Equity Financing, Joint Venture Equity, Construction Financing, Private Money.</b></p>
<p>For all of the following properties:</p>
<p><b>Multi-Family/Apartments</b>,…</p>
<p>We can fund all legit projects through out the USA, just email me your Executive Summary and I will give you an answer within 48 business hours.</p>
<p>Our loans include but not limited to the following:</p>
<p><b>Permanent/Fixed Rate Financing, Floating-Rate Financing, Bridge/Renovation Financing, Mezzanine/Preferred Equity Financing, Joint Venture Equity, Construction Financing, Private Money.</b></p>
<p>For all of the following properties:</p>
<p><b>Multi-Family/Apartments</b>, <b>Retail</b>, <b>Office</b> - Class A, B, C, D properties, <b>Industrial/Self Storage</b><br/> Class A, B, C and D Properties, <b>Hotel (hospitality)</b>, <b>Owner/User</b> - Class A, B, C, D Properties, <b>Special Use</b> - auto repair, gas station, church, car wash, hospital, urgent care, golf course, marinas and more, <b>Land</b> - commercial and residential development, farms, recreational and more</p>
<p>For more details, please contact me via email: hardmoneyloans4you@gmail.com</p> Are you looking for funds for your project?tag:realestatefinance.ning.com,2015-01-15:6517464:Topic:2127722015-01-15T20:40:09.843ZRoger Abuatahttps://realestatefinance.ning.com/profile/RogerAbuata
<p></p>
<p><span style="text-decoration: underline;"><span style="color: #ff0000; text-decoration: underline;">Our loans include but not limited to the following:</span></span></p>
<p><span class="font-size-5"><b>Permanent/Fixed Rate Financing, Floating-Rate Financing, Bridge/Renovation Financing, Mezzanine/Preferred Equity Financing, Joint Venture Equity, Construction Financing, Private Money.…</b></span></p>
<p></p>
<p></p>
<p><span style="text-decoration: underline;"><span style="color: #ff0000; text-decoration: underline;">Our loans include but not limited to the following:</span></span></p>
<p><span class="font-size-5"><b>Permanent/Fixed Rate Financing, Floating-Rate Financing, Bridge/Renovation Financing, Mezzanine/Preferred Equity Financing, Joint Venture Equity, Construction Financing, Private Money.</b></span></p>
<p><span class="font-size-4" style="text-decoration: underline;"><span style="color: #ff0000; text-decoration: underline;">For all of the following properties</span></span>:</p>
<p><span class="font-size-5" style="text-decoration: underline;"><span style="color: #0000ff; text-decoration: underline;"><b>Multi-Family/Apartments</b>, <b>Retail</b>, <b>Office</b> - Class A, B, C, D properties, <b>Industrial/Self Storage</b></span></span><br/> <span class="font-size-5" style="text-decoration: underline;"><span style="color: #0000ff; text-decoration: underline;">Class A, B, C and D Properties, <b>Hotel (hospitality)</b>, <b>Owner/User</b> - Class A, B, C, D Properties, <b>Special Use</b> - auto repair, gas station, church, car wash, hospital, urgent care, golf course, marinas and more, <b>Land</b> - commercial and residential development, farms, recreational and more</span></span></p>
<p><span class="font-size-4" style="color: #ff0000;">For more details, please contact me via email: <span style="text-decoration: underline;">hardmoneyloans4you@gmail.com</span></span></p> Bridge loans? Construction loan? Refinance? We have it alltag:realestatefinance.ning.com,2014-12-21:6517464:Topic:2100082014-12-21T23:15:48.200ZRoger Abuatahttps://realestatefinance.ning.com/profile/RogerAbuata
<p>We are a nationwide premier commercial real estate investment banking firm.</p>
<p>We offer clients and a full capital stack which includes: <span style="color: #ff0000;">Debt, equity and joint ventures for all forms of commercial real estate properties nationwide.</span></p>
<p>The firm's services include: <span style="color: #ff0000;">Permanent, Bridge, Mezzanine, Construction, and customized financing for acquisition, refinance and portfolio repositioning.</span></p>
<p>We established…</p>
<p>We are a nationwide premier commercial real estate investment banking firm.</p>
<p>We offer clients and a full capital stack which includes: <span style="color: #ff0000;">Debt, equity and joint ventures for all forms of commercial real estate properties nationwide.</span></p>
<p>The firm's services include: <span style="color: #ff0000;">Permanent, Bridge, Mezzanine, Construction, and customized financing for acquisition, refinance and portfolio repositioning.</span></p>
<p>We established close relationships with thousands of capital sources. These include; <span style="color: #ff0000;">CMBS, life companies, banks, credit unions, REIT’s, pension and private funds.</span></p>
<p>We are also a correspondent for several Fannie Mae, Freddie Mac and HUD lenders</p>
<p>Property types: <span style="color: #ff0000;">Multifamily</span> <span style="color: #ff0000;">apartment buildings, Hotels, Motels, Office buildings, Gas stations, Retail shopping centers, Malls, senior living facilities, Assisted living facilities and much more.</span></p>
<p>Email me with questions at: hardmoneyloans4you@gmail.com</p>
<p></p> Bridge loans? Construction loan? Refinance? We have it alltag:realestatefinance.ning.com,2014-12-04:6517464:Topic:2079852014-12-04T02:18:50.667ZRoger Abuatahttps://realestatefinance.ning.com/profile/RogerAbuata
<div class="discussion"><div class="description"><div class="xg_user_generated"><p>Our loans include but not limited to the following:</p>
<p><b>Permanent/Fixed Rate Financing, Floating-Rate Financing, Bridge/Renovation Financing, Mezzanine/Preferred Equity Financing, Joint Venture Equity, Construction Financing, Private Money.</b></p>
<p>For all of the following properties:</p>
<p><b>Multi-Family/Apartments</b>, <b>Retail</b>, <b>Office</b> - Class A, B, C, D properties, <b>Industrial/Self…</b></p>
</div>
</div>
</div>
<div class="discussion"><div class="description"><div class="xg_user_generated"><p>Our loans include but not limited to the following:</p>
<p><b>Permanent/Fixed Rate Financing, Floating-Rate Financing, Bridge/Renovation Financing, Mezzanine/Preferred Equity Financing, Joint Venture Equity, Construction Financing, Private Money.</b></p>
<p>For all of the following properties:</p>
<p><b>Multi-Family/Apartments</b>, <b>Retail</b>, <b>Office</b> - Class A, B, C, D properties, <b>Industrial/Self Storage</b><br/> Class A, B, C and D Properties, <b>Hotel (hospitality)</b>, <b>Owner/User</b> - Class A, B, C, D Properties, <b>Special Use</b> - auto repair, gas station, church, car wash, hospital, urgent care, golf course, marinas and more, <b>Land</b> - commercial and residential development, farms, recreational and more</p>
<p>For more details, please contact me via email: hardmoneyloans4you@gmail.com</p>
</div>
</div>
</div> What type of loan are you looking for?tag:realestatefinance.ning.com,2014-12-04:6517464:Topic:2080272014-12-04T02:17:45.556ZRoger Abuatahttps://realestatefinance.ning.com/profile/RogerAbuata
<div class="discussion"><div class="description"><div class="xg_user_generated"><p>Our loans include but not limited to the following:</p>
<p><b>Permanent/Fixed Rate Financing, Floating-Rate Financing, Bridge/Renovation Financing, Mezzanine/Preferred Equity Financing, Joint Venture Equity, Construction Financing, Private Money.</b></p>
<p>For all of the following properties:</p>
<p><b>Multi-Family/Apartments</b>, <b>Retail</b>, <b>Office</b> - Class A, B, C, D properties, <b>Industrial/Self…</b></p>
</div>
</div>
</div>
<div class="discussion"><div class="description"><div class="xg_user_generated"><p>Our loans include but not limited to the following:</p>
<p><b>Permanent/Fixed Rate Financing, Floating-Rate Financing, Bridge/Renovation Financing, Mezzanine/Preferred Equity Financing, Joint Venture Equity, Construction Financing, Private Money.</b></p>
<p>For all of the following properties:</p>
<p><b>Multi-Family/Apartments</b>, <b>Retail</b>, <b>Office</b> - Class A, B, C, D properties, <b>Industrial/Self Storage</b><br/> Class A, B, C and D Properties, <b>Hotel (hospitality)</b>, <b>Owner/User</b> - Class A, B, C, D Properties, <b>Special Use</b> - auto repair, gas station, church, car wash, hospital, urgent care, golf course, marinas and more, <b>Land</b> - commercial and residential development, farms, recreational and more</p>
<p>For more details, please contact me via email: hardmoneyloans4you@gmail.com</p>
</div>
</div>
</div>