Cash-Out Realities in today’s market The cash-out refinance is a common tactic for investors and business owners who want to tap into the equity they have in a commercial property. It’s a smart option for anyone looking to improve their property or those who need cash to make another investment. Unfortunately, it isn’t always easy […]
What lenders look for Investors and business owners looking to purchase commercial real estate must clear several hurdles when working with traditional lenders. These typically have to do with either the borrower’s financial history or the property’s ability to generate revenue. But what if lenders discover roadblocks in both areas? That’s what happened with an […]
Documentation Concerns for Commercial Borrowers Documentation issues can present a major issue for prospective borrowers trying to secure a commercial real estate loan. Some prospective borrowers have tax returns that do not necessarily reflect their current income, while others have difficulty producing the required documentation in the first place. Alternative solutions do exist, but if […]
A popular investment strategy in today’s market Real estate investors see a great deal of value in both single family rental homes and 2-4 unit multifamily properties. Some investors execute fix-and-flip strategies with these properties, while others see more promise in holding onto the units for a long period of time. The long-term strategy investors […]
Experienced commercial real estate borrowers know that property stabilization is a major factor lenders consider when deciding whether or not to approve a loan. They need to be able to determine that a property is fully leased and is experiencing an acceptable amount of tenant turnover. For many property owners, meeting traditional lenders’ stabilization requirements […]
Part 2: Determine Whether or Not You’re Speaking with the right Lender Types Author: Zack NorthZack North is the Director of Marketing for Commercial Direct. As a regular contributor to a number of top industry publications, Zack enjoys writing about topics that help investors and business owners approach commercial mortgage financing with confidence.