Twitter
LinkedIn
YouTube
FacebookPosts Tagged ‘lending’
www.privatemoneyusa.com A lot of times you will hear people talk about CAP rates in commercial lending. When I first started doing commercial, I didn’t understand it and asked a bunch of lender reps. Very few lender reps even understood it. They just had a basic idea. But I assure you, underwriters know about CAP rates — and if you want to close a lot of commercial loans, you better know about it as well. The CAP rate; or capitalization rate, is the relationship of the net operating income (NOI) of the property divided by the sales price or appraised value. So a property with $200K of NOI that sold for $2 Mill, sold at a 10 CAP — (200000 divided by 2 mill). Now, while CAP rates may vary some by city and property type, a general idea of CAP rates will help you screen out deals that don’t make sense. Knowing the CAP rates can help you estimate the real value of the property you are looking at financing and this can help you determine whether it is even a viable deal. Generally, I can come within $100000 on the appraised value on a property just by knowing the CAP rates and doing a simple calculation. Most listing flyers and many borrowers think their property is worth a 7 CAP. No lender in America will give someone a 7 CAP on a property in 2011. In 2007, average pricing was a 7 CAP and in some places like California, you were even seeing 5.5% CAP which is crazy. A property barely cash flows at that CAP rate. Today, 10 CAP is the safest number to use when underwriting and …
Discover how to start and grow your commercial mortgage loan business. Learn the 7 insights into todays commercial lending top producers.
Commercial loan broker and seasoned commercial loan officer discusses leveraging private money in commercial lending, the different commercial loans available and the current commercial loan rates at a commercial real estate event in California – thefernandezgroup.com
Commercial Lending Program, UB Solution. Universal Business Structured Solution. Capital Advisors, Direct Lender, UB Solution, Universal Business Structured Solution, Private and Institutional Funds, Real Estate, Corporate Finance, Energy Project Financing, Distressed situations, Bridge, Debt, Equity, Mezzanine
www.dioriolaw.com Call (401) 632-0911 to learn more about this Martindale-Hubbell® AV® Preeminent™ Rated attorney. Joseph M. DiOrio of Law Office of Joseph M. DiOrio, Inc. 144 Westminster Street, Suite 302, Providence, RI, 02903. Practice areas include Commercial Lending La, Bankruptcy Law and Workout Law. For more than 130 years, lawyers have relied on the AV® Preeminent™ rating while searching for their own expert attorneys. Now anyone can depend on this important, trusted rating. The Martindale-Hubbell® AV® Preeminent™ rating is the highest possible rating for an attorney for both ethical standards and legal ability. This rating represents the pinnacle of professional excellence. It is achieved only after an attorney has been reviewed and recommended by their peers – members of the bar and the judiciary. Joseph M. DiOrio has achieved an AV® Preeminent™ Rating from Martindale-Hubbell®.
www.smartratecommercialcapital.com Smart Rate Commercial Capital, LLC 31408 Harper Ave St Clair Shores, MI 48082 (586) 203-2126 Smart Rate Commercial Capital provides commercial loans and financing for commercial property owners, investors and business owners at a time when most banks and lenders are not willing to close these loans due to the credit tightening policies of most lenders due to the state of the current economy. Smart Rate Commercial Capital has many funding sources to help you finance your commercial and multi-family loans including CMBS, insurance companies, commercial banks, Freddie Mac, Fannie Mae, HUD, as well as hedge funds and private investors.
eichomes.com Offering Commercial Lending Solutions,such as purchases, refinance & lease back programs.
www.GetDirectFunding.com We Say YES to Your Business Financing Needs! Commercial lending in Columbia SC . Are you tired of your banker saying NO? We are too! We offer a wide variety of funding solutions for your business to get cash now. Accounts Receivable lending, Asset lending, Capital Financing, Medical Financing, Personal Financing, Real Estate lending. If your business needs cash, get it NOW. Roy Smith Business Development Executive 479-3356
Commercial lending from Middleburg Bank. Take your company to the next level. Business expansion. New equipment. New facilities. Growing a business takes courage. It also takes money. That’s where we can help. If you want to expand your business, buy new equipment or upgrade your facilities, talk to us. Lines of Credit Working Capital Builder Financing SBA Loans
Commercial lending real estate can be difficult to finance, especially when time frames are tight. Some property types are very difficult to find funding for at all. Finance One can use the equity from one or more properties to get the funds property owners / investors require in a timely manner. Visit www.finance1online.com for more information.