
22 June 2024 | 4 replies
They are definitely a bit more involved and usually require two commercial appraisals.

24 June 2024 | 20 replies
As a commercial lender the rates are lower on cash flowing properties.

24 June 2024 | 14 replies
Or give up some of the initial cash flows for a better property with more long term growth.Solid economy, with the largest commercial airport in the world (FedEx) and the 4th largest railhead in the US.

22 June 2024 | 12 replies
Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

22 June 2024 | 5 replies
I must get my first commercial property before Fall.

23 June 2024 | 12 replies
Talk to the commercial lender at the bank that currently has your mortgage for the property you want a line of credit on.

22 June 2024 | 4 replies
@Megan Stone good to hear this attorney offering you excellent advice even though it isn't in their 'best interest'.I've always established my commercial RE LLCs in the state of the asset.

22 June 2024 | 4 replies
And I see a lot of other contractors and activity going on both residential and commercial.

22 June 2024 | 5 replies
They will only exit in tourist/hotel/commercial zones.We are running businesses/hotels in residential neighborhoods.
23 June 2024 | 25 replies
But that doesn't mean anything to me, because I am not planning to run commercials on CNN/MSNBC/Fox News at 8 PM.