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Real Estate Investings Inner Game THE INNER GAME OF COMMERCIAL REAL ESTATEEvery once in a while I get an internal reminder that I am a work in progress.? In this instance it was not one of those “hit you over the head with an 8 pound sledge hammer” reminders that you get when you have been particularly blind to your own faults.? It was more of a little “A Ha!” that had larger implications if uncorrected.? And by being aware of...... Similar Editorial : Real Estate by Dan Auito. | Source : Excellent Investment Advisor
Planning Commercial Real Estate Investment In 2007 The holidays are rapidly approaching and I’ve managed to do most of my Christmas cards and gifts on time this year!? I still have a few to go,?but for me most of the pre-holiday madness is over.? It is?now time to focus on a strategic plan for next year and?I’m actually going to take a day out of “regular” work to?get it done.I’m going to go week by week, all 52 of them, for 2007.? On the plan...... Similar Editorial : Buy Commercial Real Estate by Bart Icles. | Source : Investment Banking Operations
Loan Philosophy: The Difference Between Lenders And Investors As a mortgage broker, I have the pleasure of seeing quite a number of potential loan transactions.I used the word "potential," because not all of them work out.Actually, there are quite a few turkeys in with the swans!A common scenario is a refinance or a purchase where the investor comes to me with something like:"Man, this is the BEST property in the area, it's worth $5 Million Dollars...... Similar Editorial : New Car Loan by James Gunaseelan. | Source : Investment Banking Operations
Financing Strategies: Shorten Your Term With Cash Out The Federal Reserve Board has been raising rates for two years now. Bottom line, this activity has meant higher rates for the investor. It follows a period in which America experienced the lowest rates in several decades. Therefore, it's no wonder that many investors purchased or refinanced their properties in the past five years.The result of these low rates and other demographic...... Similar Editorial : Examination Strategies by Colin Ong TS. | Source : Transfer Money To Account
Lending Changes & Stated Income Documentation While this might not impact your business immediately if you are dealing with larger properties, it will eventually affect you because of something else they are doing:Stated Income or EZ Document LoansCommercial lending, with the exception of private money loans, has been strictly a "full document" underwriting proposition.This meant that the borrower had to show up with a mountain of paperwork...... Similar Editorial : Lending Business by sebastian foss. | Source : Rebate Offers
Commercial Loans: How Mezzanine Debt Closes The Deal This is the "answer" to a question I received this past week concerning a class of commercial real estate loans called "mezzanine" debt. If you've never heard of it, don't worry. It's usually used by fairly substantial commercial real estate developers and investors in situations where the existing debt doesn't go far enough to get the property financed. Mezzanine debt is the...... Similar Editorial : Commercial Loans by Craig Higdon. | Source : Business Accounting And Finance
Commercial Loans: The Power Of Permits I've had real incentive to consider this week's topic: How permits affect commercial loan underwriting. Those of you in the business for a while have undoubtedly come across an apartment project, office, or retail project with "un-permitted" additions. To be clear, "un-permitted" work on a property is work that was done without the local city building and safety department knowing about it. ...... Similar Editorial : Commercial Loans by Craig Higdon. | Source : Business Accounting And Finance
Commercial Loans Information It was hot and dusty in the wide open street. The steely-eyed man with the badge standing in front of the small retail center was perfectly still, totally focused on the bank underwriter who had stopped his scribbling on the yellow pad. The underwriter looked scared ... very scared as the Sheriff said: "Put the pen down, pahdner ... and put it down real slow-like."OK ... so it's a bit dramatic. ...... Similar Editorial : Commercial Loans by Craig Higdon. | Source : Business Accounting And Finance
Loan Philosophy: The Difference Between Lenders And Investors As a mortgage broker, I have the pleasure of seeing quite a number of potential loan transactions. I used the word "potential," because not all of them work out. Actually, there are quite a few turkeys in with the swans!A common scenario is a refinance or a purchase where the investor comes to me with something like: "Man, this is the BEST property in the area, it's worth $5 Million Dollars,...... Similar Editorial : New Car Loan by James Gunaseelan. | Source : Fast Easy Loans
What Is The Best Commercial Real Estate Loan? This question came from Kiho Kim in Anaheim, California and, surprisingly, doesn’t have a straightforward answer.? When someone asks me that question, I know that they’re probably focused on one thing:? The loan with the lowest interest rate.? Unfortunately, in commercial real estate, this approach can end up costing you a lot of money.When you get involved in commercial real estate, you become...... Similar Editorial : Buy Commercial Real Estate by Bart Icles. | Source : Turtle Creek Real Estate
Construction Loans: The Myth Of TheFuture Appraisal One of the most common phrases I hear when dealing with a construction loan is:"The Future Appraisal." This is usually used in the context of making sure that the property will have sufficient value for us to get the loan needed to complete the structure.Unfortunately, it's impossible to appraise something "in the future." You can only appraise value in the "now" because you only have...... Similar Editorial : Construction Loans by Craig Higdon. | Source : Loan Home Re Finance
Construction Loans: The Myth Of The "future Appraisal" One of the most common phrases I hear when dealing with a construction loan is: "The Future Appraisal." This is usually used in the context of making sure that the property will have sufficient value for us to get the loan needed to complete the structure. Unfortunately, it's impossible to appraise something "in the future." You can only appraise value in the "now" because you only have...... Similar Editorial : Buying New Construction by Sheldon Salnick. | Source : New York Home Loans
Construction Loans: Questions And Answers It would seem that construction activity is still fairly high based upon the number of calls that I get from people about construction loans. There are a lot of calls from people just getting started, as well as from a number of seasoned "construction veterans." In a large number of those calls, I hear some common questions. So I thought that I'd answer a few of them here.Q: How do...... Similar Editorial : Buying New Construction by Sheldon Salnick. | Source : New York Home Loans
Purchase Underperforming Properties A SECRET STRATEGY TO TURN LOSERS INTO WINNERSI received a question from a Realtor last week that will give you insight into a purchase strategy that you can use with a commercial property whose current cash flow can't support a loan large enough to complete its purchase. In other words, loan to value is restricted to 50% or less because values have shot up and cap rates have declined. We see...... Similar Editorial : First Purchase by jamesklo. | Source : New York Home Loans
Commercial Real Estate Credit Pay close attention to this area of your finances if you intend to be an active investor and manage your credit as you would one of your properties Actively... Similar Editorial : First Purchase by jamesklo.
