Methods Of Determining Value of Commercial Property
Saturday, March 19
I see a lot of great methods investors use to determine the value of commercial property. I wanted put them together in this blog post for reference. 1. Gross Rent Multiplier Method (GRM) purchase price / gross annual rent (annual rent as if property is 100% occupied), this give you the GRM. Let...
Unsecured Business Line of Credit
Sunday, March 06
Small Business Line of Credit Not just once...but borrow money over and over again for your company. You can do this with an unsecured business line of credit with ProCommerce Capital. This is a great financing option for LLC's that are doing fix & flips, buy & hold, or using the BRRRR ...
What Is Hard Money Loans
Sunday, March 06
What is A Hard Money Loan Lender? Hard Money Lenders (HML's) can be an alternative to traditional real estate financing when investing. The term "Hard" in the name Hard Money means that the lender is more concerned with the "hard" asset (the Property) than other aspects of the loan. Focusing on...
BRRRR (Buy, REHAB, Rent, Refinance, Repeat) Strategy
Sunday, March 06
Thinking about doing the BRRRR investing strategy? You as an investor will buy a property and then rehab the property. After the rehab, the investor will rent to tenants and the income generated from renting to tenants will pay the mortgage, generate cashflow, and build equity. Eventually the i...