What you need to get Commercial Financing
Preview:
Getting Commercial Financing isn't the same as getting a mortgage to buy a residential property. Because commercial property is evaluated differently from residential, financiers have different source document requirements. The two BIG ONES in commercial finance are the Executive Summary and the Personal Resume.
These two documents will tell a financier if a deal makes sense and whether it's solid enough to convince a lender to fund your property. These two documents are THE MINIMUM information required. When new commercial investors are told they need to produce an executive summary, they are often at a loss when trying... continue reading >>
Call Me
I'm a real estate agent in Beaufort SC. I have foreclosures, pre-foreclosures and other deals at my fingure tips. Contact me for a list of the best deals.
(843) four-four-one 2895
Commercial Financing
Preview:
Financing Available For Multi-Family Income Properties:No Front Fees: We are paid upon delivery of your funds
Apartment Financing : Min 5 Million to 200 Million
A,B and C properties ok. Must be in service and on line.
Size: 100 units or more
Location: Nationwide (US ONLY)
LTV: up to 95% based on property cash flow and strength.
Up to 100% financing on purchases at 10% cap or more. Properties are evaluated on a case by case basics
Points: 2-4 including origination fees.
30-60 DAY closing.
Some non-recourse financing available.
NO STARTUPS PLEASE!
Brokers must have direct contact... continue reading >>