Hard Money Lenders No Upfront Fees – Winston Rowe & Associates - Real Estate Finance2024-03-29T06:15:12Zhttps://realestatefinance.ning.com/forum/topics/hard-money-direct-lenders-no-upfront-fees-winston-rowe-associates?commentId=6517464%3AComment%3A328508&x=1&feed=yes&xn_auth=noGood Evening,
I hope all is w…tag:realestatefinance.ning.com,2018-08-26:6517464:Comment:3285082018-08-26T06:04:09.225ZVictor Greshamhttps://realestatefinance.ning.com/profile/VictorGresham
<p>Good Evening,</p>
<p>I hope all is well.</p>
<p>I am looking for an $8,750,000 equity based loan secured by 213 acres +/- acres valued $17,500,000.</p>
<p>Property / land has real estate attached.</p>
<p>I need to close in 7 -10 business days.</p>
<p>Property Attributes</p>
<p>The property address is 140 Aubrey Dr. Butler, PA..</p>
<p>The property includes a 18 Hole Golf Course (approx. 110 acres ), approx. 105 acres of vacant development land, Clubhouse, Tea House, and associated…</p>
<p>Good Evening,</p>
<p>I hope all is well.</p>
<p>I am looking for an $8,750,000 equity based loan secured by 213 acres +/- acres valued $17,500,000.</p>
<p>Property / land has real estate attached.</p>
<p>I need to close in 7 -10 business days.</p>
<p>Property Attributes</p>
<p>The property address is 140 Aubrey Dr. Butler, PA..</p>
<p>The property includes a 18 Hole Golf Course (approx. 110 acres ), approx. 105 acres of vacant development land, Clubhouse, Tea House, and associated Maintenance Buildings.</p>
<p>All of the land with the exception of 33 acres is zoned R-2 ( 8 units per acre).</p>
<p>A $1,000,000.00 + Clubhouse, 60 Golf Carts, and Tea House along with golf course maintenance equip.</p>
<p>The property and land is owned free and clear of any liens and held in a Family Trust.</p>
<p>Legal Description of Property</p>
<p>060-2f104-13E, 060-2F104-13F, 060-2F104-23DAA, 056-4-1, 056-4-2, 056-39B.</p>
<p>These parcels are located in Butler and Center Twp.`s of Butler County, Pennsylvania.</p>
<p>Requested Loan Terms</p>
<p>Non-Recourse Land Loan - Quick Close is the type of loan requested. (7-10 Days)</p>
<p>$17,500,000 Current Market Value.</p>
<p>$8,750,000 Requested Loan Amount (50% LTV).</p>
<p>1 Year Loan Term.</p>
<p>8% Annual Interest Only Payments.</p>
<p>(The entire one (1) year of interest only payments will be prepaid at closing so that there will be no interest only payments due during the one (1) year loan term.</p>
<p>One (1) Point paid for Loan Origination Fees.</p>
<p>If your company has an interest in approving our loan request to purchase this property and need more information, please email me with the request and I will secure the requested information.</p>
<p>Exit Strategy</p>
<p>Property will be refinanced after one (1) year to repay requested loan amount.</p>
<p>Conclusion</p>
<p>Property will be purchased for humanitarian purposes and to be developed for assisted living facilities.</p>
<p>Note: All property information provided by Seller.</p>
<p>I look forward to answering any questions you may have via email in order to receive a preliminary decision whether or not your company is interested in financing our purchase of the above property.</p>
<p>Best Regards.</p> Long Term Interest Rates Edgi…tag:realestatefinance.ning.com,2018-02-25:6517464:Comment:3168922018-02-25T14:48:32.652ZWinston Rowehttps://realestatefinance.ning.com/profile/WinstonRowe
<h1 class="mrgn" id="ahd"><span style="font-size: 14pt;">Long Term Interest Rates Edging Up For 2018 </span></h1>
<p><span>Long-term interest rates are heading up next year, but short-term rates will outpace them.<br></br><br></br>Tax cuts for both businesses and middle class individuals should goose the economy going forward.<br></br><br></br>Improving business profitability should generate business investment, but some of the bigger profits will go toward stock buybacks and shareholder returns.<br></br><br></br>The…</span></p>
<h1 id="ahd" class="mrgn"><span style="font-size: 14pt;">Long Term Interest Rates Edging Up For 2018 </span></h1>
<p><span>Long-term interest rates are heading up next year, but short-term rates will outpace them.<br/><br/>Tax cuts for both businesses and middle class individuals should goose the economy going forward.<br/><br/>Improving business profitability should generate business investment, but some of the bigger profits will go toward stock buybacks and shareholder returns.<br/><br/>The rising stock market and burgeoning home values will encourage consumer spending, but until workers see bigger bumps in their paychecks.<br/><br/>The modest pickup in inflation will keep long rates from rising as much as short ones. Eventually, an anticipated inflationary hike will also increase long rates, but not for a while.<br/><br/>The expected deficit increase that will accompany the recently enacted tax package will also boost long rates a bit.<br/><br/>The Fed will keep raising short rates because of falling unemployment and other indicators that show a tightening labor market.<br/><br/>The Fed very much wants to stay ahead of any inflation that rising wages may generate.<br/><br/>It will lift short-term rates by a quarter of a percentage point two to three times in 2018. That will put the federal funds rate at 2.0% to 2.25% heading into 2019.<br/><br/>Winston Rowe & Associates published this article. They can be contacted at <a href="http://www.winstonrowe.com/" target="_blank" rel="nofollow noopener">http://www.winstonrowe.com</a></span></p>