Commercial Lending
Avoid The ComEd Rate Hike setting rate hike- ComEd requesting $1.5billion rate increase
ComEd’s requested $1.5 billion rate increase over the next four years would increase its profits more than improve its stated clean-energy priorities, the Citizens Utility Board says. Click Here to find out How To Avoid The Comed Rate Hike- About 8% less than ComEd- Lock in your Rate for 3 years. No penalties if you…
Read MoreUnderstanding the Real Estate Investment Return Metrics
Introduction Passive real estate investors will often find themselves bombarded with various deals to consider. Making sense of each opportunity to buy investment property can take time. Evaluating deals is some combination of art and science. Understanding the nuances of the local marketplace, competition, etc. is the art. The science involves digging into the numbers…
Read MoreFHA Move on Multifamily Loans to Spur More Housing
The Federal Housing Administration announced Thursday it is increasing the threshold for large multifamily loans for the first time in a decade. © MarkHatfield – iStock/Getty Images Plus With crisis-level inventory shortages plaguing the housing market, the National Association of REALTORS® praised the Federal Housing Administration’s decision Thursday to increase the loan threshold for large…
Read MoreHow Multifamily Borrowers are Adjusting to Rising Interest Rates
Some buyers are trying to renegotiate prices, but a net result of recent moves could be a tightening in the spread between multifamily cap rates and yields on 10-year Treasuries. Bendix Anderson | Jul 14, 2022 With the recent rate hikes from the Federal Reserve, borrowing costs for multifamily assets are rising as well. This is disrupting sales…
Read MoreBiggest Mistakes People Make When Getting Ready to Close
From our friends at National Credit Care Underwriting. Now that’s a word that makes any mortgage professional get the chills. Let’s say it again…underwriting…brrrr…those blasted pencil pushers just making all our lives more miserable. Over 90% of our clients are seeking a loan approval for a home. This has naturally turned our business model…
Read MoreCommercial Bridge Money Has Never Been So Readily Available!
From our Friend Karen Schimpf at Commercial Capital Ltd Commercial Bridge Money Has Never Been So Readily Available. We have expanded the coverage of what our private money can do, growing our platform above $2 Million up to $20 Million! This is a direct lender platform, we can close off our balance sheet (quickly) with an…
Read MoreWhat Does the Supreme Court’s Eviction Moratorium Ruling Mean?
The U.S. Supreme Court recently denied a request to block the CDC from imposing their eviction moratorium—giving the federal moratorium another month of life. The ruling came from a court split 5-4, with Justice Kavanaugh and Chief Justice John Roberts joining Justices Sotomayor, Kagan, and Breyer to block the request made by real estate trade…
Read MoreTap the Equity In A Commercial Property WITHOUT Refinancing!
Commercial Property Equity I wish we could take credit for this brilliant idea, but we can’t. So How Does one Tap into Commerical Property Equity without refinancing. One of our commercial lenders gave us the idea. Read on….. Reprint from Karen Schimpf May 11 You know the situation…..client owns a property that cash flows nicely…
Read MoreDo you Need to Close Your Commercial Loan by Year – End?
This is an article from one of our favorite Commercial Lenders As year-end nears, it is hard to believe but there is not that much time left to close loans for this year! There are only a few weeks left in the year to close loans….many times December is useless for many banks. In the world of…
Read MoreHow to Tap the Equity In A Commercial Property WITHOUT Refinancing
Great article from one of our favorite Commercial Lenders Karen Schmipf. Karen’s contact information is at the end of the article. How to Tap the Equity In A Commercial Property WITHOUT Refinancing You know the situation…..client owns a property that cash flows nicely and has appreciated in value but it has a HUGE pre-payment on…
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