Leadership Development...
is the key to 21st. Century Success in business. Harness the power of your peers to help you develop your employees, managers & successors!
| D-I-Y Strategic Planning...
allows you to make strategic decisions about your company's direction every time - all with the help of your peers!
| You'll Make Better Decisions...
when your ideas are challenged and your assumptions tested, continually and strategically - by a caring group of your peers!
|
|
Little Known Commercial Loan Puts Cash In Your Hand For Any Reason Fast And Easy
By Naomi Monk
Owning a commercial building such as an apartment complex, office building, retail center, business owner-occupied building and the like is a great investment that appreciates over time and can provide a constant source of monthly income.
How To Use Your Equity Without a Hassle
If you’ve got equity in your commercial building, it’s a great source of cash at your fingertips, if you can get it out. It’s not as easy as it sounds if you don’t work with the right commercial loan or commercial broker knowledgeable about your options.
Not all commercial loans and lenders are alike. Some are very restrictive when it comes to how you plan to use the cash you receive from the refinance loan.
Good News For Commercial Property Owners Who Want a Commercial Refinance Loan With Cash Out
The good news is, there is a little known commercial loan that lets you obtain unlimited cash out for any reason. There are no restrictions on how you use the money. Need to make property improvements? No problem. Need to buy some new equipment for your business? No problem. Need some down payment money for another commercial real estate investment? No problem.
In addition to no restrictions for unlimited cash out, all types of commercial properties are eligible. These include multifamily or apartment buildings, mixed-use property, office, retail, self storage, warehouse and industrial buildings, mobile home parks, bed and breakfasts and other special use properties.
High
Our articles continue...
|
Loan-to-Value Ratios Are Acceptable
Another great benefit this little known commercial mortgage offers is high loan-to-value ratios. For example, you can obtain a cash out refinance up to 90% on commercial real estate such as multifamily or apartment buildings, mixed-use property, a bed and breakfast, light industrial buildings, a mobile home park, office and retail buildings, self storage and warehouse buildings.
The loan to value adjusts to 80% if you own automotive related real estate, hotels with national franchise affiliation, funeral homes, an industrial building or rooming house.
Special use properties can still get cash out up to 75% loan to value. These include day care and health care centers, restaurants, RV parks and independent hotel and motel properties.
If you need to get your hands on the extra cash fast, then you’ll love the fact that these cash out commercial loans fund in just 30-45 days. The application and underwriting process is hassle-free and you’ll know in just 48-72 hours of application whether or not you qualify for the loan.
All Legal Entities Can Apply
One other feature investors will find an advantage is that all legal entities can apply for this loan. This means you can apply for this cash-out refinance loan as individual borrower, corporation, partnership, limited liability company and certain trusts. Personal guarantees are still needed, but it's a lot less hassle than having to take property in and out of different legal titles to obtain the loan.
Stop the headaches. Stop the hassles. Start working with the right commercial loans and lenders and start getting the cash out you want for any reason using your commercial property equity.
Naomi Monk has been helping clients with their real estate and loan needs for 20 years. Business owners and real estate investors can visit her commercial loan website to learn more about commercial loans, how to invest in the next hot real estate markets and apply for a commercial loan using a fast and easy online application that provides multiple loan options to choose from.
Here are some more estate planning articles...
5 Basic Steps To Commercial Real Estate Investing
By Tony Seruga, Yolanda Seruga and Yolanda Bishop of Maverick Real Estate Investments, Inc.
Commercial real estate investing is an exciting and rewarding industry that yields results to which no other industry can quite compare. In fact, commercial real estate is one of the easiest ways to Read more...
|
5 Basic Steps To Commercial Real Estate Investing
By Tony Seruga, Yolanda Seruga and Yolanda Bishop of Maverick Real Estate Investments, Inc.
Commercial real estate investing is an exciting and rewarding industry that yields results to which no other industry can quite compare. In fact, commercial real estate is one of the easiest ways to Read more...
|
5 Basic Steps To Commercial Real Estate Investing
By Tony Seruga, Yolanda Seruga and Yolanda Bishop of Maverick Real Estate Investments, Inc.
Commercial real estate investing is an exciting and rewarding industry that yields results to which no other industry can quite compare. In fact, commercial real estate is one of the easiest ways to Read more...
|
Buying Government Foreclosures Or Bank Foreclosures: Basics
By Clint Jhonson
Foreclosed homes are regularly set on the market by the two major home lenders: government agencies and banks. Be they government foreclosures or bank foreclosures, what matters most is that they can Read more...
|
