▶️ In this episode, we discuss why you should work with a commercial mortgage broker. ⚠️ Here are the top 5 reasons why you should work with a broker: #1 – Identifying a Lender: Locating a lender to fund your commercial mortgage is not an easy task.#2 – Loan Structuring: An experienced commercial mortgage broker/advisor …
🔥 Delayed Financing, Defined:🔥 Delayed financing is a method for getting a mortgage after you’ve purchased a piece of real estate using cash. It provides a way for investors to remain liquid and allows owner-occupants to finance a home purchase. Put simply, delayed financing offers a means of purchasing a home in which you pay …
🔴 The floodgates have opened for construction funding. With a shortage of existing housing stock, the private mortgage debt funds are now actively pursuing construction deals. ✨ Get in now, while you can! ✨ ⚠️ Construction Loans offer: ✔️ No Red Tape, No Income, No Assets, No Reserves✔️ Single-family, 1-4 Units, Townhomes✔️ Up to $2M …
In this episode, we talk about the often asked question: Which is better? The SBA 7a or 504 loan? The answer usually is “it depends”. Every loan request is different. In general, the 7a is utilized more than the 504 for a couple different reasons. The 7a is a more liberal loan and has more …
💰 In this episode, we talk about residential financing vs commercial financing. Specifically, how to move from one- to four-unit deals to larger five-plus unit deals. 💡 What are the basics to know before you call your commercial mortgage broker? 🏠 We also cover these types of debt/loans: – Agency– Bank/Credit Union– Bridge Loans 💥 …
💡 Can Rental Income Generated from Short-term Rentals (i.e., Airbnb) Be Used to Qualify for a Loan? The short answer is “yes.” 🏡 Rental income derived from the subject property is acceptable on a two- to four-unit principal residence in which the borrower occupies one of the units, or a one- to four-unit investment property. …