Out of State Buyers

[Karen Schimpf]

Over the last three (3) months I have seen a spike in activity of retail, apartment and office purchases by out of state buyers. Foreign National Investment has also spiked over the last year. Apartment and retail has been the hottest asset classes with significant activity. Local banks and credit unions still struggle to approve such clients. Hence, many local realtors have begun to send these clients to me to help get these deals to the closing table. I am significantly increasing my availability of capital to meet these needs in 2015.

With over $30 million currently in my pipeline of such deals, I expect that number to double by year end. With the recent dip in interest rates, I am seeing even retail deals consistently get 10 year fixed money in the 4's. Apartment pricing is even better. I have one apartment source for major metros that will do a NO CLOSING COST loan with rates in the 3's! The availability of capital for larger deals right now is incredible. Now is the time to strike. Investors are no longer bound by geographic restrictions...I have done deals in Atlanta for people as far away as Seattle and for international clients from Canada. I did an apartment deal in Chicago for a borrower from Australia! It truly is a national or even international market now. If you can not find deals that meet your investment criteria in your town or region-expand your reach! We have the funds to make it happen.

With every type of capital available to me from conduits, to hedge funds, to life companies and private money...we can find the best financing for you. We charge nothing to underwrite and review any deal. If it is fundable, we will have pre-lim approval, in writing, in 72 hours. ALL AT NO COST TO YOU. So you lose nothing by giving me a call at 512-650-8630. Look around you, think nationally, see the amazing opportunities available and then call me to make sure the pricing and financing is available. You have nothing to lose...call me today at 512-650-8630.