Apartment Investing Strategies Winston Rowe & Associates No Upfront Fee Loans

Apartment Investing

Winston Rowe & Associates provides commercial financing for apartment investors. They have prepared this article to offer some advice to investors thinking about investing in apartment buildings. Covering some of the top mistakes they see new and experienced investors make when owning and investing in apartment properties.

If you would like to speak to an apartment building specialist at Winston Rowe & Associates, you can contact them at 248-2546-2243

Common Mistakes Apartment Investors Make:

Not Raise Rents:

One of the biggest mistakes we see investors make is not raising rents over the years. This is especially true for investors that manage their own properties. What Winston Rowe & Associates has seen is apartment owners get comfortable with the tenants that are in place and do not want to increase rents out of fear that the tenants will move out. What they do not know is most tenants expect rents to go up over time, and even if they shop for another apartment they will find that your rents are at market levels.

Not Understanding Actual Operating Expenses:

Not keeping an eye on expenses is another big mistake apartment owners make. What happens with a lot of apartment owners is they increase rates over time, steadily going over current market rates. Owners get comfortable with their insurance agent, landscaper, cleaning company for example, and never take the time to shop around for better rates.

Disregard Maintenance Issues:

This is pretty obvious to people that do not own a property, but once things go into disrepair, good tenants do not want to live there. So the property begins to attract lower quality tenants and eventually the property cannot pay for needed repairs. Many maintenance activities do not cost a lot of money, and by keeping your property looking and functioning well, you will attract quality tenants at higher market rents.

Not Inspecting Your Property.

A lot of owners do not perform regular inspections of their properties. Some do not even visit the properties, and some that do will just drive through, or maybe do a quick walk around the property. Schedule a complete property inspection once or twice a year in addition to your regular checks. Many times this will uncover maintenance or resident issues that would otherwise go unchecked.

Let Someone Else Handle It:

Never believe that your property manager will handle everything for you. Many owners will work hard to buy a property, get a property management company in place, and let things go. Please don’t this. Keep tabs on everything because you are the one that is bearing all of the risk in the investment. You do not have to be there every day, handling the daily operations, but keep on top of things overall.

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

 

Commercial Bridge Loans Explained Winston Rowe & Associates No Upfront Fees

Commercial Bridge Loans Explained

Commercial real estate bridge loans are relativity straight forward. When a developer wants to purchase a piece of commercial real estate, and needs time to undertake some task such as property improvement, finding a tenant, or selling the property, commercial real estate bridge loans make this happen.

If you’re interested in learning more about bridge loan financing for purchase or refinance. You can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

Uses & Deployment Scenario of Bridge Loans:

Bridge loans are short term and are planned around terms of six months to two years.
This type of loan can be thought of as a “financing bridge” that takes place between the acquisition and development of a property and the time before a permanent, traditional take-out loan is enacted.

They can be useful in situations where a borrower wants to purchase a commercial building and is approved for a SBA loan or another type of long term conventional financing.

The loan enables the borrower to go ahead and purchase the property and establish a good, solid operating history that qualifies it for conventional, long-term financing.

Winston Rowe & Associates has an excellent knowledge based investor resource for commercial real estate valuation and market analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

Winston Rowe & Associates has no upfront free commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Requirements Of Apartment Financing Winston Rowe & Associates

Requirements Of Apartment Financing

Winston Rowe & Associates a no upfront fee commercial real estate finance firm has prepared the article to provide a better understanding of the requirements of apartment building financing.

If you’re interested in learning more about financing apartment building for purchase, acquisition, or refinance. You can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at.

Commercial real estate investors contact Winston Rowe & Associates, wanting to know in-advance if their deal can qualify for private money or institutionally funded (bank) apartment building loan. Unlike residential lenders, commercial mortgage lenders do not issue “pre-approvals”; they simply can’t tell if a deal will get done until all of the material facts have been verified (pre-due diligence).

Loan-to-Value (LTV):

LTV has been dramatically reduced during this “credit squeeze”.  In the past apartment buildings with LTV ratios above 80% were strong transaction. However standards have tightened. In today’s credit environment, investors should not expect to see any loan offers above 75% and many are coming in significantly lower. 70% is a normal LTV ratio on new purchases with some lenders willing to go to 75% on refinance loans. Seller carried 2nd mortgages are discouraged and often disallowed altogether. Borrowers and sponsors without large cash investments in a deal will be turned away.

Debt Service Coverage Ratio (DSCR):

Banks, insurance companies and Wall Street brokers simply will not write loans against underperforming or vacant buildings anymore. Only stabilized assets need apply for institutional funding now-a-days. A building must be able to demonstrate a history of profitability and low vacancy. To be approved for a bank loan for the purchase or refinance an apartment building, the building must have a net-operating-income (NOI) equal to 125% of the proposed mortgage payment (a DSCR of 1.25). Deals that do not meet this requirement will have to wait until the credit markets improve or seek private funding.

Credit::

Borrowers or sponsors with weak credit scores are being summarily rejected by banks. To qualify for a low interest loan with good terms, from an institutional lender, all the principle borrowers need to have a tri-merged credit score of 680 or better.

Experience::

Banks are not willing to take a chance on first-time apartment investors. All borrowers are now required to demonstrate real experience in rental housing and a track record of success. Borrowers are asked to provide a detailed resume of past businesses owned that will be verified through their articles of incorporation and financial reports.

Net-Worth & Liquidity::

Many banks have instituted a policy of requiring that their borrowers have a net-worth at least equal to the balance of the loan they are seeking. In-other-words, if you want to borrow $1MM from the bank to buy an apartment complex, you need a net-worth of at least $1MM. Further, they will want to see that you have some money in the bank above and beyond the funds you’re using for a down-payment. Often they will require borrowers to have a savings account balance equal to 12 monthly mortgage payments. Borrowers will be asked to provide a detailed personal financial statement that will need to be verified.

Quality Property in Good Location::

To secure financing from a traditional lender the building must be in a city or town that is not particularly depressed economically.

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

Winston Rowe & Associates has no upfront free commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Multifamily, Apartment Financing With No Upfront Fees

Multifamily Apartment Building Financing

Winston Rowe & Associates offer hard money, bridge financing for multifamily apartment housing communities, without upfront fees.  They have low fixed & ARM multifamily rates for permanent portfolio financing such as Fannie Mae, Freddie Mac, HUD, FHA, student housing, senior housing, manufactured housing communities, and assisted living facilities located Nationwide.

You can contact Winston Rowe & Associates at 248-246-2243.

Pricing for multifamily complexes depend on a variety of factors including strength of sponsor, current DSCR, available historical income documentation, current occupancy levels, class of the apartment, type of housing, LTV, & location.

Commercial Property Types Considered:

Motels
Hotels
Apartments
Mixed Use
Resorts
Nursing Homes
Senior Apartments
Assisted Living Facilities
Nursing Homes
Hospitals
Shopping Centers
Truck Stops
Office Buildings
Automobile Dealerships
Day Care Centers
Golf Courses
C-Stores
Manufacturing Facilities

Winston Rowe & Associates company policy is not to charge any upfront fees for due diligence, processing loan file review from its clients.

You can contact Winston Rowe & Associates at 248-246-2243 or visit their web site and company blog at

Apartment Investments Winston Rowe & Associates

APARTMENT LOANS NATION WIDE ONLINE

National apartment fundamentals have improved significantly and are outpacing the recovery of other property types. After peaking at 8.0 percent in the first quarter of 2010, the national apartment vacancy rate declined 240 basis points to 5.6 percent as of the third quarter of 2011 based on Winston Rowe & Associates market analysis.

Apartment investors that need more information about commercial real estate loans can contact Winston Rowe & Associates at 248-246-2243 or visit them online at http://www.winstonrowe.com

The quick recovery of apartment fundamentals, interest in purchasing core assets has driven up the pricing of class-A apartments in primary markets to near pre-crisis levels in both cap rates and price per unit. As of the second quarter of 2011, the average transaction cap rate, including all asset classes, declined by about 20 basis points to 6.6 percent, while average cap rates for class-A apartments in primary markets declined to 4.7 percent.

Additionally the pent-up demand, the shift in preference from homeownership to rental is generating additional demand for apartment units. The homeownership rate has fallen from 69.0 percent in the third quarter of 2006 to 66.1 percent in the third quarter of 2011, which translates to approximately 2.7 million potential new household renters. Combined with the increased rate of foreclosures has also impacted the rate of homeownership and we expect it will continue to do so in the near-term.

Even with home affordability currently reaching an all-time high, many potential buyers are choosing to rent for now because of declining U.S. home values as well as the difficulty in qualifying for a mortgage, which makes it harder to buy homes. Winston Rowe & Associates expects housing prices will likely remain weak for the rest of the decade.

Winston Rowe & Associates has an excellent knowledge based investor resource for apartment building valuation and market analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

Winston Rowe & Associates has no upfront free private commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Private Money Commercial Loans Explained Winston Rowe & Associates

Private Money Commercial Loans Explained Winston Rowe & Associates

Winston Rowe & Associates has prepared this article about private money commercial loans to provide prospective clients with a better understanding of private money commercial loans as a financing tool that many businesses overlook when they need financing.

For more information about private money commercial real estate loans, you can contact Winston Rowe & Associates at 248-246-2243

How Private Money Loans Work:

Private money loans are provided by private investors, hence the term. These private money lenders wish to loan out their money at a higher interest rate than they could get from another type of investment. Private money lenders are not licensed to loan.

Applying For A Private Money Loan:

When you apply for a private money loan, the application process is going to be quite a bit different than what you are used to with a bank. You will have to fill out an intake form with basic information about you and your business. However, they use their own criteria when deciding whether or not to invest in your project. They may or may not use all of the financial ratios that typical lenders use. The approval process is usually very quick. You often do not have to go through multiple layers of the business to get approval. The lender decides individually if they want to give you the loan.

Understanding Private Money Criteria:

Often the most important criteria for the loan, is the condition of the property that you are buying. If you are buying a piece of commercial property, the private money lender will want to know everything about it. They will want to look at the property and make sure that they could resell it if they needed to. Because of this fact, they will often offer you a low loan-to-value LTV ratio of between 45% to 60% as compared to other types of traditional lenders, which offer LTV’s of up to 90%. This ensures that they can get their money back out of the loan if you were to default.

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

Winston Rowe & Associates has no upfront free private commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Apartment Investments Improved Significantly Winston Rowe & Associates

Apartment Investments Improved

National apartment fundamentals have improved significantly and are outpacing the recovery of other property types. After peaking at 8.0 percent in the first quarter of 2010, the national apartment vacancy rate declined 240 basis points to 5.6 percent as of the third quarter of 2011 based on Winston Rowe & Associates market analysis.

Apartment investors that need more information about commercial real estate loans can contact Winston Rowe & Associates at 248-246-2243

The quick recovery of apartment fundamentals, interest in purchasing core assets has driven up the pricing of class-A apartments in primary markets to near pre-crisis levels in both cap rates and price per unit. As of the second quarter of 2011, the average transaction cap rate, including all asset classes, declined by about 20 basis points to 6.6 percent, while average cap rates for class-A apartments in primary markets declined to 4.7 percent.

Additionally the pent-up demand, the shift in preference from homeownership to rental is generating additional demand for apartment units. The homeownership rate has fallen from 69.0 percent in the third quarter of 2006 to 66.1 percent in the third quarter of 2011, which translates to approximately 2.7 million potential new household renters. Combined with the increased rate of foreclosures has also impacted the rate of homeownership and we expect it will continue to do so in the near-term.

Even with home affordability currently reaching an all-time high, many potential buyers are choosing to rent for now because of declining U.S. home values as well as the difficulty in qualifying for a mortgage, which makes it harder to buy homes. Winston Rowe & Associates expects housing prices will likely remain weak for the rest of the decade.

Winston Rowe & Associates has an excellent knowledge based investor resource for apartment building valuation and market analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

Winston Rowe & Associates has no upfront free private commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Continuing Credit Crunch Has Real Estate Investors Turning To Private Money

Real Estate Investors Turning To Private Money

Commercial real estate investors are less optimistic in 2012 than they were a year ago on the issue of whether the credit crunch in commercial real estate will ease over the next 12 months.  The retail banking industry and the Obama Administration has put out a tremendous amount of PR concerning an improving banking climate however the reality is that the national economy is not improving for commercial real estate and banks are not standing by ready to lend.

More and more real estate investors are discovering the private money industry which has its advantages.

When borrowers apply for a private money loan, the application process is going to be quite a bit different than what you are used to with a bank. You will have to fill out an intake form with basic information about you and your business. Often the most important criteria for the loan, is the condition of the property that you are buying. If you are buying a piece of commercial property, the private money lender will want to know everything about it.

However, they use their own criteria when deciding whether or not to invest in your project. They may or may not use all of the financial ratios that typical lenders use. The approval process is usually very quick. You often do not have to go through multiple layers of the business to get approval. The lender decides individually if they want to give you the loan.

Savvy investors have been turning to Winston Rowe & Associates for their private money solutions because they have a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

Winston Rowe & Associates has an excellent knowledge based investor resource for commercial real estate valuation and market analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

Winston Rowe & Associates has no upfront free private commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Commercial Real Estate Investment Strategies Winston Rowe & Associates

Commercial Real Estate Investment Strategies

Winston Rowe & Associates a national no upfront fee commercial real estate finance firm is finding the commercial property sector looking stronger with analysts and is predicting the sector to make a recovery in a few markets throughout the year and expecting positive growth in rent and capital values in Southern California, North Dakota, Dallas Texas, Chicago, Washington DC, Seattle and Denver.

For investors considering buying commercial property as an investment, there are some things they need to know about investing in this sector.

Building Design

Unlike retail or residential property, commercial office space and industrial property respond more strongly to changes in building design. Compliance and standards can also add to the costs of maintenance of commercial property which can affect your balance sheet.

Location

Changes to the location can also greatly affect the value of your investment. The relocation of a prime industrial districts or retail closures could drastically change the capital value and potential rental return of your investment.

Liquidity

Commercial property has much less liquidity than other investments, including residential property. Commercial real estate is heavily reliant on investors, who make their decisions on the state of the market.

Risk

The risk involved in commercial real estate investment can vary. Investing directly means you are taking on all of the risk associated with the ownership of the property, and will be responsible for any maintenance costs and upgrades that need to be made. However, there are a number of financial incentives total ownership, including being able to claim depreciation against your income. Meanwhile, if your investment lies with a Real Estate Investment Trust, you will be sharing the risk with other investors.

Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.

 

Bridge Loans With No Upfront Fees For Commercial Property

Bridge Loans With No Upfront Fees For Commercial Property

Winston Rowe & Associates has world class relationships with the private capital markets ready to lend when traditional banks and lending institutions won’t.

They pride themselves in working with commercial real estate investor looking for fast and efficient commercial property loans.

Winston Rowe & Associates primary objective is to meet client’s financial needs for short-term commercial bridge loans and commercial mortgage refinancing.

With Winston Rowe & Associates you can expect efficiency, flexibility and professionalism as they work to get you to the closing table fast.

The Winston Rowe & Associates Financing Advantages:

No Advance or Upfront Fees
Financing from $2 Million to $100 Million Plus
Fixed and Adjustable Rates
Up to 60% LTV
Interest Only Option
United States Only

Their experienced and enthusiastic professional team has the know how needed to make the loan process as easy as possible for our borrowers.

Winston Rowe & Associates success is measured by our clients’ success, and their mission is to be your source for the most appropriate and advantageous financing solution that helps you achieve your goals.

248-246-2243

processing@winstonrowe.com

Apartment Building Investing And Financing Guide

Apartment Building Investing And Financing Guide

Winston Rowe & Associates a no upfront fee national private capital firm that specializes in commercial real estate purchase, refinancing and construction loans for apartments, shopping centers, office buildings, hospitality. They developed this article to  give prospective clients a better understanding of apartment building investing and financing.

Apartment Investing Overview:

Over the past few decades, real estate has become one of the most popular investment opportunities. This is probably because real estate prices tend to consistently increase as time passes, and also because market trends are easier to follow. Nevertheless, learning how to invest in apartments can make a significant impact on your investment portfolio. Furthermore, there are many advantages to investing in apartments and other multi-family dwelling, namely that apartments are less expensive to purchase and maintenance costs are usually lower. The following tips should give you some idea of how to invest in apartments in order to make the most out of your investment.

Potential Risks:

Before you invest in an apartment, you want to consider the risks and rewards of such an investment and do the best you can to minimize such risks. One of the first steps in investing in apartments is to find a location that is suitable for tenants. Is the apartment close to amenities such as schools, markets, restaurants, and public transit? Does the apartment offer some selling features such as in-suite laundry, a balcony, or air conditioning? Before you purchase an apartment for an investment, consider whether you would like to live there yourself. If you cannot find tenants for your apartment, you are not going to make money.

Winston Rowe & Associates also has an excellent free knowledge based resource for commercial real estate investing, valuation and analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Quality of the Apartment Building:

Another important step in how to invest in apartments is marketing. Marketing does not refer only to buying advertising space, or submitting online ads for your apartment. You must also prepare the apartment so that it offers a competitive edge over other apartments in the area. Renovations do not need to be expensive, but a new paint job and a thorough cleaning can make a world of difference. If you have a larger budget, consider installing new carpets or floors, cabinets, and other features if they will improve the appeal of the apartment.

Does It Cash Flow:

When investing in apartments as rental property, you also have to make sure you have solid cash flow. As the owner or landlord, you will be responsible for maintenance costs and you should expect that some months you will have no tenant. Moreover, as a landlord, you will have to deal with different personalities, possible problems from tenants, and a myriad of issues that can challenge your resolve. So, before investing in apartments, you should take some time learning about the practice and exactly what will be required of you as the landlord.

Financing Programs:

Winston Rowe & Associates offers the best in traditional and hard money commercial real estate financing programs for all commercial real estate types. When you call them with a loan scenario, they quickly assess what type of financing is appropriate for your situation. Then utilize their direct access to the most aggressive investor sources in the world to create a customized financing solution for clients.

248-246-2243
processing@winstonrowe.com

Winston Rowe & Associates has no upfront fee commercial real estate loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Utah Salt Lake City Apartment Complex Loans Winston Rowe & Associates

Apartment Complex Loans Winston Rowe & Associates

Winston Rowe & Associates commercial loan solutions focus in Salt Lake City Utah for multifamily apartment buildings, co-op underlying mortgages, mixed-use properties, retail properties, office buildings, and hotels, industrial and net-leased properties.

They work with seasoned real estate investors and developers of multifamily rental buildings and condominium developments to arrange optimal financing for their projects, without upfront or advance fees.

Winston Rowe & Associates has extensive contacts within the private capital markets; they can arrange acquisition loans, bridge loans, and permanent financing for both income-producing and owner-occupied properties within the Salt Lake City metropolitan market.

Utah Commercial Real Estate Apartment Financing Solutions:

They can close in less than 30 days.
No Upfront Fees
Nationwide Financing Solutions
Hard Money Available

Winston Rowe & Associates success is measured by their clients’ success, with their mission is to be their client’s source for the most appropriate and advantageous apartment building financing solutions in Utah that help clients achieve their goals.

Winston Rowe & Associates
248-246-2243
processing@winstonrowe.com

Winston Rowe & Associates also provides apartment building loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

National Commercial Real Estate Hard Money Bridge Loans No Upfront Fees

Hard Money Bridge Loans No Upfront Fees

Winston Rowe & Associates provides short term commercial financing or bridge loans on commercial properties including; Multifamily, Office, Industrial, Retail, Self Storage, Assisted Living-Congregate, Hotel/Motel, Special Use, with no upfront or advance fees, nationwide.

You can contact Winston Rowe & Associates at 248-246-2243

Winston Rowe & Associates quick turnaround allows their clients to close bridge loans in a shorter time frame than otherwise required for traditional permanent loans, generally 30 days or less. Bridge financing gives owners the flexibility they need to reposition and stabilize properties.

Winston Rowe & Associates success is measured by our clients’ success, and their mission is to be your source for the most appropriate and advantageous commercial financing solution that helps you achieve your goals.

Why Consider Winston Rowe & Associates For Your Next Bridge Loan:

Fast closing, 30 days or less
No upfront or advance fees
Nationwide financing available
Financing programs starting at $2 Million with no limit
Terms from 12 to 36 months
Debtor in possession (DIP) exit financing
All commercial property types considered
Personal service

Winston Rowe & Associates
248-246-2243
processing@winstonrowe.com

Winston Rowe & Associates provides commercial real estate hard money bridge loans in each of the 50 States.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

National Apartment Lending Winston Rowe & Associates

National Apartment Lending Winston Rowe & Associates

Winston Rowe & Associates offers a comprehensive range of services and products for the commercial real estate and finance industry.  With their innovative lending vehicles, they are able to service and maintain strong relationships with our borrowers, investors, brokers and developers.

For more information apartment and multifamily loans, you can contact Winston Rowe & Associates at 248-246-2243 or visit them online at http://www.winstonrowe.com

Winston Rowe & Associates provides apartment building financings for properties ranging from $500,000 to $100 million throughout the US, specializing in both purchase and refinance transactions.

Advantages of Winston Rowe & Associates multifamily loan programs include:

No Upfront or Advance Fees
Multifamily loan LTV’s up to 85%
Loan terms up to 30 years
Flexible multifamily loan amortization rates
Potential for non-recourse multifamily loans
Low/no pre-pay penalties
Financing for mixed-use properties
Potential for assumable financing

Why Winston Rowe & Associates, because they provide customized apartment building financing solutions for all kinds of investors nationwide. Many traditional banks and lenders only offer one or two loan programs with limited options. Borrowers often do not get the best financing solution or are constrained with terms that are inadequate because the lender is inflexible. Getting the “right” loan requires a lender with multiple program options and the willingness to be creative in its approach. With multiple alternatives available, Winston Rowe & Associates customizes each loan to meet the specific needs of the Borrower.

Winston Rowe & Associates has an excellent knowledge based resource for valuation and market analysis for commercial real estate located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates has no upfront free commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, MaineMaryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

National Hotel Resort Construction Financing No Upfront Fees Winston Rowe & Associates

Hotel Construction Financing No Upfront Fees

If you are looking for hotel construction financing, then look no further than Winston Rowe & Associates they have the years of experience to get you the right loan. No matter how big or small the hotel is, with swimming pools, meeting rooms, restaurants, etc. or not; whether it is flagged or non-flagged, a resort, motel, or inn; we possess the knowledge for the ins and outs of the hotel industry, and will ensure that your project could not be in better hands.

For more information about Winston Rowe & Associates hotel and resort financing solutions prospective clients can contact them directly at 248-246-2243 or visit them online at http://www.winstonrowe.com

Their financing has no upfront fee and comes with experienced professionals that can explain your financing plan and how your repayment plan will work, so there’s no guesswork. There’s little waiting time for hotel/motel financing, so you can purchase a property and start making a profit sooner.

Winston Rowe & Associates hotel and resort loan amounts range from $1,000,000 to $500 Million, with fixed rates and interest-only programs are offered with debt coverage ratios starting at 1.10 and up. Regardless of where your hotel will be built, within the United States, they will get you started to have your hotel up and running in no time.

In addition to hotel and resort construction financing solutions, Winston Rowe & Associates offers the best in traditional and private and hard money commercial real estate financing programs. When you call them with a loan scenario, they quickly assess what type of financing is appropriate for your situation. Then utilize their direct access to the most aggressive investor sources in the world to create a customized financing solution for clients.

Winston Rowe & Associates
248-246-2243

Winston Rowe & Associates has loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Winston Rowe & Associates How Do Hard Money Loans Work

What is Hard Money

With hard money (or private money, the terms are often used interchangeably), you are dealing with an individual, or a group of individuals.

The nature of hard money or alternative financing is much different than the structure you may find on an institutional loan. The banks and other traditional institutions have different rules to play by. They are subject to capital requirements, which are regulated by the government, for one. These capital requirements have been raised in light of the financial turmoil, meaning many small community banks that were once the source of funding for small commercial properties must hold onto their cash rather than lending it out. This is not true of hard money.

These individuals (Hard Money Lenders) are not subject to such government regulation, they are free to invest money in first trust deeds and commercial real estate, and they do so, earning a much better return than what they may earn in a CD. The fact that the banks cannot make loans or that they have tightened up their standards so much that many ‘bankable’ or high risk borrowers cannot obtain the loan they need means that investors now have excellent risk levels in relation to the return on investment they make. It is not uncommon for an investor to earn 10-18% return on their money, secured by a piece of property that has 40% or more in equity (LTV 60%).

Terms are short (six months to three years). The interest rates vary. It could be a floating rate or a fixed rate. Some lenders offer the option of ‘interest lock’ for short periods. This can be beneficially used if there is the expectation of rates going up. Sometimes the funds are utilized as a bridging loan while waiting for a traditional loan. Certain lenders impose a pre-payment penalty if the loan is repaid ahead of the agreed schedule.

Hard money loans generally fall into two categories.

National Banking Credit Crunch:

Hard money loans these days are gaining popularity among many as an alternative to bank financing. There are a number of issues that have led to this rise in popularity, but at the root of it all is the collapse of the real estate market and subsequent credit crunch. Due to their nature, however, hard money loans are flourishing in these tightened financial markets.

Non Conforming Commercial Real Estate Transactions:

Another area of private money (hard money) is for borrowers with high risk commercial real estate transactions that do not conform to traditional banking lending criteria. These types of borrowers are generally very savvy commercial real estate investors with commercial real estate transactions that are high risk for a several reasons.

The borrower may have violated the loan covenants with their current bank by misusing loan proceeds, have a low credit scores, was turned down for traditional financing, cannot verify their source of funds or has stripped out the equity in their real estate with a past refinance, or a mismanaged commercial real estate asset. In these cases the commercial real estate investor is seeking a life boat or pay check loan to recoup their investment or to restart there commercial real estate development or project.

Market issues that cause commercial real estate transactions to become high risk are rapid real estate devaluation of an area, excessive inventory of a specific real estate class, high crime or the loss of major employers.

Applying For A Hard Money Loan:

Applying for a hard money loan is a very extensive multi step process with detailed documentation requirements. This process begins with an intake or submission document that is provided by the hard money lender or loan consultant. This document is completed by the borrower and is then submitted to the hard money lender or loan consultant to review the material facts of the hard money commercial real estate transaction.

Upon submission of the intake form or submission document the hard money lenders or loan consultant will review the material representations and make a determination if the transaction has merit. If the hard money lender or loan consultant feels that the transaction has merit a conference call is scheduled with the borrowers to verify the material representations that were made by the borrower.

This gives the borrower an opportunity correct any misrepresentations that were made and to present the merits of their transaction directly and to begin the negotiation process of obtaining a hard money loan.

If the borrower confirms that the intake form or submission document is a correct representation of the material facts and there is a meeting of the minds between the hard money lenders or loan consultant a Letter of Interest is issues to the borrower.

Issuance of Proposed General Terms and Conditions:

At this point in the hard money loan process the borrower issues and has received a Letter of Interest from the hard money lender or loan consultant detailing the proposed general terms and conditions.

Another conference call is scheduled with the borrower and their representative with the hard money lender or loan consultant to review the Letter of Interest and the intake or submission document for a second time. The purpose of the call is to review proposed general terms and conditions and obligation and responsibility of the parties pursuant to the Letter of Interest.

At this point in the process the borrower and the hard money lender or loan consultant begins the process of negotiating the hard money loan. It’s not uncommon for the negotiation process to take several weeks or months and have multiple Letters of Interest issued.

If the hard money lender or loan consultant and the borrower have a meeting of the minds, agreeing to the general terms and conditions pursuant to the Letter of Interest. The Letter of Interest is executed and a deposit is paid to being the due diligence review process.

Review & Due Diligence:

The hard money lender or loan consultant utilizes the commercial loan review (due diligence review) to ensure that the business has the capacity to provide for the mortgage payments.  Some of the factors that the hard money lender or loan consultant will look into during the procedure to determine the creditworthiness of the commercial property owner include the trend in the cash flow of the business, the payment history, market conditions, and the presence of guarantors.

The key of getting hard money loan regardless what lender or consultant you are working with is to get the documentation required for getting a hard money loan in a fast manner, regardless of who is going to do this hard money loan for you. If you want to get it done on quick basis, definitely you need to work on the required documentation by hard money investors that they are going to require before you close.

Borrowers need to do quickly and comprehensively complete the lenders supporting documentation in order to get the loan done by your hard money lender. So, any delay in documentation is the will cause the delay in getting a hard money loan.

How Commercial Loans Work Winston Rowe & Associates

No Upfront Fee Commercial Loans Explained

One typical way for people to acquire business property is to procure a loan, also known as a mortgage. When they are going to be using the property for business functions, the loan will be a commercial mortgage. These types of loans can be used to buy a structure where specialists will operate the business. The other choice is to acquire a house or apartment building that will be leased to other people.

Options for Professionals

Some people may be able to obtain a mortgage with no money down. These people are generally professionals who will use the property to perform services for their clients. Instead of a down payment, these professionals can offer the lender an asset that will be collateral for these 100 percent loans. In these cases, the lenders are offering a secured loan that is less risky for them because they will be able to sell the asset offered as collateral if the borrower cannot make the payments on the loan.

Because there is no down payment required for these 100 percent mortgages, the interest rate will be higher, but these types of loans can be advantageous to those who have not started their businesses yet. These professionals may need to have cash to begin setting up their practices, and they will have the opportunity to do that with no money down.

Mortgages for Other Purposes

The other type of commercial mortgage requires that the property be placed as collateral for the loan. The terms of these loans will be different from the typical mortgage that can have a term as long as 30 years. With loans used to purchase commercial property, the term can be much shorter, a couple of days, or it can also be 30 years. The business owners will make monthly payments just like for their residential properties, but they will, most likely, have a balloon payment after a determined number of years.

For example, if the term for the loan is 10 years, the business owners will make monthly payments for this amount of time. At the end of the term, the full balance will be owed to the lender, called the balloon payment.

Qualifying for the Loan

Qualifying for these loans also is similar to obtaining a loan for a home because the business will need to have a credit check. Although a lower credit score will not necessarily disqualify a business from borrowing money, a higher credit score is preferable for lenders.

What is very important to lenders is how well the business is currently performing. If the business has been very profitable up until the present time, it will be easier for these business owners to receive the money they need to purchase their properties. The lenders may also require that business owners offer them a business plan that will demonstrate how their businesses are going to benefit from the purchase of the property. If the plan can show that business profits will increase, lenders can be secure that they will receive the money back that they lend to these business owners, an important factor in deciding whether or not to lend business owners money.

Winston Rowe & Associates

248-246-2243

Winston Rowe & Associates has commercial real estate loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Winston Rowe & Associates Commercial Construction Loan

Winston Rowe & Associates Commercial Construction Loans

Just the other day, I heard a rather prominent commercial real estate mortgage industry insider (who wishes to remain anonymous) utter something like: “Sorry guys, no commercial lenders are making loans for commercial construction financing these days in this dismal economic downturn.” No wonder that industry insider wants to remain anonymous! He ought to because it seems to me that when executives start to parrot what they hear in the news media, they actually cause the doom and gloom that doesn’t really exist @ all before they proclaim it. Anyway, rest assured that you can get commercial construction loan financing – if you know where to look…

Perhaps where he comes from, commercial construction financing is hard to come by, but he was undoubtedly referring to traditional commercial real estate lenders. Now don’t get me wrong, conventional commercial lenders do have a solid rationale for being reluctant to provide construction loan financing: “In a down economy, lots of standing (existing) real estate sits vacant or unsold on the market. So, why the heck should we finance new construction?”

OK, we get their point, but there are still a lot of good solid new construction projects out there that need to be funded, and yours may just be one of them. If so, private commercial construction loan financing is where it’s at. Here’s what it is, why you may need it, and how you can get access to $250,000 to $500 million in the ideal combination of private commercial mortgage loans and up to 100% joint venture equity capital…

Private Commercial Construction Loan Financing Defined

First of all, let’s define what a commercial construction loan actually is. Private commercial construction loans are typically short-term interim recourse commercial loans from non-bank sources (e.g. private investment firms, individual investors, hedge funds, etc) to finance construction costs. In a typical case, the lender would advance construction funds to you as the builder at periodically at set intervals as the work progresses. By “recourse”, we’re referring to loans where the lender may seek to recover money in addition to real property that the borrow pledges as collateral in the event of a loan default.

Why You May Need Private Money To Fund Your Commercial Construction Deals

Perhaps the toughest issue that we as commercial real estate investors and owners face–especially within this challenging economy is locating financing when our credit scores, resumes, and/or financial statements are less than stellar. Private lenders and equity capital financiers can work with you to find or devise the ideal combination of debt & equity to finance your commercial construction project. Plus, these private capital sources have much greater flexibility, can offer you more creative financing options, and they can fund your deals with eye-popping speed and efficiency.

How You Can Access Private Commercial Construction Loans and Equity Capital Financing

Based upon the information that you have just read, if you feel that either private commercial mortgage finance or private equity capital finance sources are appropriate for your new commercial construction real estate ventures, please just keep in mind that you certainly can get access to the most appropriate form of commercial construction loan financing for your business – as long as you know just where to look for it.

Charles Emery is a Commercial Real Estate Finance Consultant with Radiant Properties LLC, a Philadelphia, PA based real estate investment and commercial real estate finance consulting firm. Prior to his entrepreneurial endeavors, Charles worked as a Commercial Credit Analyst at a large Philadelphia area regional bank where he provided Commercial Lenders with financial, business and industry analysis, upon which those Loan Officers based their commercial loan funding decisions. He also performed marketing & sales calls along with new business prospecting as part of his overall commercial lending related work responsibilities.

Winston Rowe & Associates has commercial real estate loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Winston Rowe & Associates Apartment Financing Realities

Apartment Financing

Apartment buildings are hot today. As a matter of fact those who own them benefit from this real estate bear market. If you wonder how’s that, just think of the millions of homeowners whose properties have been foreclosed or were forced to short sale their homes. These folks are now renting, they can’t qualify to buy another house, at least not for a few years. In the meantime, banks are in no hurry to dispose of the recently foreclosed homes as the government has helped them eliminate their losses (through bailouts). While these homes are sitting vacant for months, if not years, the apartments are getting full and more demand is thus created.

Prospective clients with questions concerning their apartment building and multifamily financing options can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

Before rushing in to look for apartment buildings be sure to learn what it takes to qualify for a mortgage nowadays. Skin in the game is a must, there are no 100% loan programs available today no matter what the internet says. Financial strength is also required, the lender must feel comfortable that you’ll have sufficient reserves/net worth to cover for the mortgage payments should high vacancy occur or major repairs must be made. And last but not least, it’s the background in owning and managing apartment buildings. Owning and managing residential properties is not sufficient experience, yes both are real estate but completely different breeds. For more details on how to position yourself first in line for financing read my past article titled “Reality vs Fantasy in Commercial Financing”.

As far as apartment building loan programs there are a few that most seasoned owners/investors are currently taking advantage of. For example, there is a Multifamily Small Loan Program that streamlines the entire loan process for multifamily acquisition and refinancing for loans between $1 million to $3 million ($5 million in major MSAs). Why is this loan so cool? First of all because once you have it you won’t need to refinance after a few years. You see, most bank loans have terms of three, five, seven or ten years (with balloon payments and longer amortizations), after which owners simply are forced to refinance. Not with this loan! You get a low rate and save money – and equity – by not having to refinance in the future.

Does it appear too good to be true? No, not really, because as mentioned earlier a substantial down payment (if purchase) or equity (if refinancing) is required. Expect an average of 70 to 80% LTV (Loan to Value) with no exceptions above this limit. Expect to provide evidence of previous multifamily ownership and a solid PFS (Personal Financial Statement). If you’re half way there here is an idea. Find a trustworthy partner with whom to join forces, and remember the word “trustworthy”.

When it comes to rates while they are low they won’t be as low as residential rates. However, the lower the LTV the better the rate. For example a loan with a forty percent equity and a higher debt service ratio will benefit in form of lower rates due to its lower risk. (For a rate quote please contact me). The other difference is that residential loans today tend to come with no prepayment penalties while many commercial loans do. So what should a borrower expect? Up to five years with a penalty determined when the loan is underwritten. Yet, this should not be considered a big detriment unless you plan on selling the property during the next few years. This loan program is best used for those planning on holding on to the property in longer term (more than five years) otherwise, there are better programs for short-term investors.

Properties best suited for this program are those in good to great condition and with high occupancy rates of 90% or above. I see plenty of requests out there for distressed multifamily properties and yes, there are great opportunities in buying and stabilizing such properties. And hard money or private money may be the temporary solution. After the property is fully stabilized it may then qualify for the Multifamily Small Loan Program.

Please try to forget the guidelines from the past decade. Forget the no down payment or little down payment programs. Forget the stated income, no income and no documentation programs. They are fantasy, unrealistic, time-wasting thoughts. They are gone and not coming back for a long time. Seasoned investors know this and that’s why they work rather efficiently when they are in need of financing. Their goal is a successful closing and they know what it takes to get there…a viable project and a viable borrower with more than enough proof to provide to the lender.

One last piece of advice. If you’re looking to finance apartment buildings in Croatia or Australia or some other far-off land you won’t get funded by American lenders. No matter how appealing your project is it won’t happen. Why? The problem is one of taxation. If a foreign bank were to make a big loan here in the states, the US government would levy a foreign lender tax of 30% of its interest income. Conversely, an American lender doing a loan in another country would subject itself to a similar tax imposed by the foreign country (check with your tax adviser for more details). There is one exception, however, and that is if an Australian bank starts a subsidiary bank here in the US and the subsidiary makes loans in the US. Generally speaking, if you are seeking a loan in Croatia, save time and energy, and go local.

The Lending industry is quite chaotic and unpredictable, especially in today’s economic environment. Banks will like your deal today and hate it tomorrow. Most commercial loans are originated today as Portfolio Loans. This means the lender keeps the loan in their portfolio for the entire term. So, if they find today they have too many retail centers in their portfolio, they will decide – over night and without a warning – to shift to apartment buildings.

Winston Rowe & Associates

248-246-2243

Winston Rowe & Associates has commercial real estate loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Winston Rowe & Associates – Why Hard Money Loans Are Becoming Borrowers Only Option

Hard Money Loans

The effects of the recent mortgage meltdown are still being felt and conventional lending has come to a screeching halt for real estate investors. This puts hard money lenders in the position to make a fortune.

While it would be easy to blame selfish corporate bankers for the lending freeze, the problem is actually a little deeper. The strict lending rules and borrower criterion that must be followed was enacted to protect investors who buy loans in the secondary markets.

Allow me to explain: to insure banks always have money to lend; several loans are bundled into a group and sold to investors as a mortgage backed securities. This sale provides the original lending bank with a quick return on capital and enables them to lend the money again.

The investors who purchase these mortgage-backed securities do not have the privilege of meeting the borrower or reviewing their credit worthiness, therefore they must rely on the lender’s guidelines to ensure the integrity of the investments.

Prior to the mortgage meltdown, the lending criterion was much more relaxed, when the sun was shining and everyone was making hay. Now with the banking and mortgage industry on shaky ground, the rules were tightened to soothe nervous investors and encourage them to keep purchasing mortgage backed securities.

Unfortunately, now the banks are gun-shy. No bank wants to be stuck holding mortgages they can’t unload so they’ve almost stopped lending altogether.

However throughout this turmoil real estate investors are still working diligently flipping and rehabbing distressed properties and for the hard money lender this presents a fantastic opportunity to build wealth.

As a private lender there are no committees and your underwriting process can be as streamlined as you desire. There is no shortage of available clients and you will have the opportunity to cherry pick the deals that make the most sense to you.

For the real estate investor seeking financing, hard money is the perfect solution. These short-term loans provide swifter funding without jumping through the regulatory hoops imposed by conventional lenders. Truly a win-win situation.

Private Rehab Lenders Can Make a Fortune in Today’s Real Estate Market

The mortgage banking industry’s lax lending practices during the early part of the century changed banks from lending institutions into loan flippers because they sold every loan they made back to Wall Street.

Now as they struggle to set the market straight again, thousands of solidly built properties sit vacant. Property rehabbers and flippers would love to take these properties off the bank’s hands and turn a tidy profit and as a private rehab lender you can earn an even tidier profit helping these investors do just that.

One of the first economic concepts any of us learn is that of supply and demand. Unfortunately the balance is skewed; there is an abundant supply of properties but no one can obtain the money to rehab them.

The banks aren’t doing it; many of them have used the “TARP” money that was supposed to go into loans to purchase other banks or build reserves after getting their toxic loans off the books.

To the savvy private rehab lender this mismanagement of the corporate banking industry can mean real dollars in your pocket for years to come.

These days conventional financing doesn’t work for rehabbers and flippers. Since they are buying houses that need work it’s difficult to convince tightfisted bankers to assume the higher perceived risk on an investment property and if they are selling back to Fannie/Freddie the loan will not qualify for conventional financing anyway.

But there’s a lot of money to be made in private lending BECAUSE of the declining market and the perception that real estate is dead. In fact, you can capitalize on this market if you buy at the right numbers. Because so many have subscribed to the doom and gloom reports many of the rehabbers and flippers that were only looking for the quick buck have disappeared.

This means that the ones that are left are serious about finding profitable deals. If you’re looking for a way to profit in the real estate market without getting your hands dirty providing private rehab loans to other real estate investors can yield double-digit returns.

Winston Rowe & Associates

248-246-2243

Winston Rowe & Associates Investing In Multifamily & Apartment Buildings

Investing In Multifamily Buildings

Winston Rowe & Associates has prepared this article to provide prospective clients with a strategic overview of the mechanics of investing in multifamily and apartment buildings. Winston Rowe & Associates is a national commercial real estate finance firm specializing in no advance fee loans.

For more information about apartment building investing you can go to http://www.winstonrowe.com or contact Winston Rowe & Associates directly at 248-246-2243.

Overview:

Rental property that has more than one family unit is considered multifamily property. From a duplex (two units), the smallest multifamily property, up from there to larger rental complexes easily consisting of hundreds of apartments.

The advantage of purchasing multifamily properties, not unlike all income property, is that it provides real estate investors with the ability to support debt from the income the property produces. Understood in real estate investing circles as “using other people’s money”, this idea is crucial to buying multifamily properties profitably and therefore must always be kept in mind because the success or failure of the investment depends on the income the property generates to meet debt service and other obligations required to keep the property.

Enough said. Let’s look at three elements that contribute to this principal, and discuss why they are crucial to buying multifamily units profitably.

Obtaining Financing:

The key to buying any investment property is for you to establish a sound financing package. You want to obtain a loan that doesn’t place excessive burdens on the property, or yourself. Also, given that lenders evaluate multifamily real estate based on income stream and generally structure a loan based on the property’s financial strength as well as the investor’s, bear in mind the significant role the principal of using other people’s money plays in financing the investment.

When applying for a loan on a multifamily apartment, present lenders with clear and concise cash flow reports because you are more apt to obtain a favorable financing package when the property is represented fairly to the lender and the income and operating expenses are shown to be accurate.

Research & Market Analysis:

What tenants are willing to pay to occupy a unit in the apartment is the cornerstone of the investment. Therefore, it’s incumbent upon real estate investors to understand local rental market trends for vacancies and rental rates when buying multifamily real estate property. Rental market trends are easy for investors to recognize, just watch the newspaper or drive around the community noting all rental properties that have vacancies. If you see few for rent ads or signs, or surmise that rents are increasing, it probably signals a shortage of rental units, and a favorable opportunity for you. On the other hand, when lots of rental signs start appearing and rents drop, it could spell trouble for multifamily real estate.

If you’re looking for real estate properties for commercial investing or need background information on an asset? The following link will take you directly to Winston Rowe & Associates Free commercial real estate and investing resources:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

The best time to own multifamily property, naturally, is when vacancy rates decrease and tenants are standing in line to rent an apartment. Apartment property owners can be more selective about the type of tenant they rent to and establish a positive direction for the complex, perhaps even increasing rents.

On the other hand, when tenants become scarce, owners might have to become less selective about tenants and perhaps lower the rents just to fill the units.Be sure not to neglect a rental market survey whenever you purchase multifamily property. It’s always crucial to gauge the rents and vacancy rates.

Economic Conversion:

There might be money to be made in cases where the former property owners have let the property run down and rents had to be decreased to keep the units filled. If these rental properties are in a good area of town or in an area that is returning to a former higher quality, then the remodeling of a rundown apartment complex can be a profitable venture. Just make sure that you ascertain the cost for remodeling and understand what impact it will have on your income stream.

Pure window dressing for the sake of appearances only, unless it has a positive influence on occupancy levels or rents, is typically avoided by prudent real estate investors. So get a qualified contractor to give you a bid on remodeling. Otherwise, what you surmised as surface issues when you were buying the multifamily units could in fact be a costly can of worms.

In other words, look for an opportunity to upgrade the building and raise rents because it can contribute to a profit, just be sure that you know exactly what you’re getting into.

Pros & Cons of Buying Multifamily Property:

The most obvious advantage of buying any income property is real estate investors can grow wealthy in the long run. Holding on to investment property and simply letting other people’s money payoff the debt, even if there is no immediate cash flow, is what drives people into real estate investing. Moreover, because multifamily properties serve a basic need in that they provide shelters to those who cannot afford or who do not choose to buy real estate, the downside risk to multifamily investing is limited.

The downside to owning rental property mostly concerns the management problems associated in dealing with tenants. Multifamily properties can be management intensive, and often the reason why investors who purchase rental property hire the services of a professional property management company to deal with the day-to-day issues of running the property. So you can choose to minimize this disadvantage if you care to.

The bottom line is straightforward. Multifamily property provides investors the opportunity to build wealth. Nonetheless, it’s similar to investing in any other type of investment property, whether it’s land or commercial real estate or apartments, it simply requires you to do it correctly, and with a careful eye on the elements discussed here. Here’s to you and your real estate investing success

Winston Rowe & Associates success is measured by their clients’ success, and their mission is to be your source for the most appropriate – and advantageous – apartment building financing solution that helps client achieve their goals.

Winston Rowe & Associates

248-246-2243

Winston Rowe & Associates has no upfront free apartment building loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Apartment Building Financing In California, No Upfront Fees, Winston Rowe and Associates

Winston Rowe & Associates provides the financing investors and owners need to purchase, build, or refinance an apartment building starting at Two Million Dollars with no limit. No matter what the size of the building, Winston Rowe & Associates can offer apartment building loans that fit an apartment building owner or investor’s individual needs.

You can contact Winston Rowe & Associates at 248-246-2243 or visit their website at http://www.winstonrowe.com

All of their apartment building loans are offered at competitive rates, so owners and investors can spend less on interest and fees and turn an even bigger profit from their investment in an apartment building or complex.

Check out Winston Rowe & Associates free apartment building investor resources:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates provides flexible loan terms and payment schedules available to fit the needs of any owner or investor, whether the funding is used on the purchase of an existing building, the construction of a new building, or the renovation of an existing structure. Refinancing and bank cram down loans are available to save current owners money on their mortgage loan payments.

Why Winston Rowe & Associates:

Commercial real estate loan requests, starting at $2,000,000
No upfront application fees
Nationwide apartment loans
24 hour pre-approvals
30 day close with complete submission

Request a Phone Call or Apply Now:  

http://www.winstonrowe.com/On_Line_Intake_Form.html

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront fee apartment complex loan programs in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

http://www.prlog.org/11757605-apartment-building-financing-no-upfront-fees-apartment-complex-loans.html

Winston Rowe & Associates Shopping Center Loans – Retail Center Commercial Loan Financing – No Upfront Fees

Winston Rowe & Associates provides shopping center commercial loans for borrowers with competitive rates and flexible financing options, with no upfront fees nationwide.

Feel free to contact them to discuss your shopping center financing needs at 248-246-2243 or visit their website at http://www.winstonrowe.com

Winston Rowe & Associates can provide tailored shopping center financing solutions to meet your needs. They specialize in professionalism, speed and flexibility in the commercial loan financing market, with loans closing within 30 days at competitive rates.

Shopping Center Commercial Loan Program Highlights:

No Upfront Fees
Loan size starting from $2M- $100M
Nationwide
Close in 30 Days or Less
As low as 25% down
Fixed and variable rates
Refinancing and Refinancing

Call them if you are having trouble getting your shopping center or strip mall loan closed or if you have a unique situation. Winston Rowe & Associates typically has the lowest rate and the best service in the business.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates also provides no upfront fee shopping center and shopping mall loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Texas Direct Nationwide Commercial Loans No Upfront Fees

Winston Rowe & Associates is a commercial real estate finance firm with a core focus on loans from $500,000. up to $500 Million, without upfront or advance fees.

They provide a diversified mix of national commercial real estate financing products, and a state of the art online commercial lending platform, with a staff of experienced professionals.

Prospective clients can contact Winston Rowe & Associates directly at 248-246-2243, or visit them online at:

http://www.winstonrowe.com

Savvy commercial real estate investors choose to work with Winston Rowe & Associates because they can often provide better terms than their local banks provide; such as longer fixed periods, longer amortization schedules, lower rates and or they need more aggressive underwriting standards than they have been able to find locally.  

Winston Rowe & Associates Considers The Following Property Types:

Motels
Hotels
Apartments
Mixed Use
Resorts
Nursing Homes
Senior Apartments
Assisted Living Facilities
Hospitals
Shopping Centers
Truck Stops
Office Buildings
Automobile Dealerships
C-Stores
Manufacturing Facilities

They have the knowledge, relationships and experience to make sure that clients not only receive the financing that best fits their needs, but also that the clients complete the transaction with minimal headaches and in a timely manner.

Whether you are a seasoned investor or new to the market, Winston Rowe & Associates is there to help you explore your best options for commercial financing.

They also have an excellent free knowledge based resource for commercial real estate investors located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront free commercial real estate loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Texas Refinancing Apartment Complex Multifamily Loans No Upfront Fees

Winston Rowe & Associates has just announced a new commercial loan refinance program for Apartment Complexes, Apartment Buildings and Multifamily as well as mixed use. With no advance or upfront fees.

Prospective clients with questions concerning their apartment and multifamily loan programs can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

All of Winston Rowe & Associates apartment loans are offered at competitive rates, so owners and investors can spend less on interest and fees and turn an even bigger profit from their investment in an apartment building or complex. There are flexible loan terms and payment schedules available to fit the needs of any owner or investor, whether the funding is used on the purchase of an existing building, the construction of a new building, or the renovation of an existing structure. Refinancing loans are available to save current owners money on their mortgage loan payments.

They provide a diverse and innovative commercial lending platform backed by a staff of seasoned, experienced professionals, enabling Winston Rowe & Associates to provide a one-stop solution for loans on all multifamily types.

Winston Rowe & Associates also has an excellent knowledge based free investor resource for commercial real estate investing, valuation and analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront fee hard money loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Winston Rowe and Associates National Multi-Family Loan & Lending Programs

Winston Rowe & Associates provides a wide variety of multifamily and mixed use apartment loan programs customized to fit their client’s unique financing needs. Their commercial property financing solutions range in size from $500,000 to $100,000,000 with specific requirements and pricing based on your investment objectives. With some of the best service in the business they can have loans funded in 30 days with a complete submission

Winston Rowe & Associates is always available to discuss you’re your apartment financing needs at 248-246-2243 or visit them on line at http://www.winstonrowe.com

National Commercial Lending Apartment Building Loan Programs:

No Upfront or advance fees
National Coverage
Personal Service
Apartment Loans From $500,000 – $100,000,000
15 and 30 Year Amortizations
3, 5, 7, 10, 15 Year Fixed Rate Terms
No Defeasance or Yield Maintenance
No Replacement Reserves
Monthly / Annual Leases Acceptable
A, B and C Property Types Considered
No Balloon or Call Provisions
Maximum LTV 80% / 85% CLTV
Step Down Prepayment
Minimum DSC of 1.20:1
Limited Impound Requirements
Assumable at Lender Discretion
3% Seller Concession Allowed on Purchases
10% Seller 2nd Allowed on a Case by Case Basis
Mixed-Use Commercial/Residential Acceptable to 25% Commercial Use

Whether you are purchasing or refinancing, they have the right solutions available. Winston Rowe & Associates also has an excellent knowledge based free resource for commercial property valuation and analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates has an experienced and enthusiastic professional team with the expertise needed to make the lending process as easy as possible for their borrowers and without upfront fees.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront free apartment complex loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Winston Rowe and Associates Fee Commercial Real Estate Listings & Investing

Winston Rowe & Associates, a no upfront fee commercial property financing firm has scoured the Internet to find the best sources for free commercial real estate listings and investment analysis.

If your looking for real estate properties for commercial investing or need background information on a asset? The following link will take you directly to the free commercial real estate and investing resources:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Description of The Free Resource Links:

National Real Estate Investor.com

This is the leading authority on commercial real estate trends. The magazine’s readers represent a cross-section of disciplines — brokerage, construction, owner/development, finance/investment, property management, corporate real estate, and real estate services. No other publication provides as much independent research on a variety of topics that pertain to the office, industrial, retail, hotel and multifamily markets as National Real Estate Investor. We also produce webinars, white papers, research, custom publishing, reprints and custom conferences for our clients.

Cityfeet.com

This is the leading online commercial real estate network, connecting commercial real estate property owners and brokers to tenants, brokers and investors. Cityfeet offers commercial real estate products and services catering to the national and local needs of the commercial real estate industry. Cityfeet specializes in all commercial real estate property categories including office space, executive suites, commercial land, industrial property, retail space and businesses for sale. Cityfeet is the #1 source of free commercial real estate information for commercial real estate professionals and powers the commercial real estate area of many of the country’s most popular websites.

CIMLS.com

They provide real estate brokers and investors with a centralized online commercial multiple listing service (MLS). With over 250,000 registered members and $47 billion dollars worth of commercial property listings ranging from farms for sale to office buildings for lease CIMLS.com offers the largest free commercial real estate information service online today. Our partners attract a strong community of investors, commercial real estate brokers, appraisers, lenders and other real estate professionals. By working together, the CIMLS.com community offers you a full-service free commercial mls to buy, sell, or lease your investment properties. Join the commercial realty professionals at Century 21, CBRE, Coldwell Banker, Grubb & Ellis, Prudential and ReMax.

Commercial IQ

They are the most powerful commercial real estate search online, drawing commercial property listings from local brokerages and associations nationwide.

SHOWCASE.com

This search engine is for business professionals and investors looking for their next commercial property to lease or buy. Search from over one million properties across all asset classes, including: office space for lease, office space for sale, industrial property for lease, warehouses for sale, retail properties for lease, retail property for sale, multifamily apartments and land investments.

Zillow.com

They are one of the largest real estate Web sites in the U.S. and has become the premier destination for buyers, sellers, renters, homeowners, landlords, and real estate professionals.

Trulia.com

It’s an all-in-one real estate site that’s jam-packed with the most useful and timely information on homes for sale, apartments for rent, neighborhoods, markets and trends to help you figure out exactly what, where and when to buy. And you can get advice and opinions from local experts on Trulia Voices, your online real estate community.

LoopNet.com

They are the largest commercial real estate listing service online. Search commercial properties for sale or lease.

Savvy investors are turning to Winston Rowe & Associates, a no upfront fee national commercial finance specialist. You can contact Winston Rowe & Associates at 248-246-2243 or visit them online at http://www.winstonrowe.com

Their experienced and enthusiastic professional team has the expertise needed to make the loan process as easy as possible for their borrowers and without upfront fees.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront free apartment building loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Winston Rowe and Associates What Is Hard Money And How To Apply For It

Winston Rowe & Associates is a no upfront fee national private capital firm that specializes in hard money commercial loan solutions. They have developed this article is assist prospective clients in understanding; what hard money is and the application process to have a timely financing.

For additional questions concerning the hard money process for commercial real estate financing, you can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

As a private capital firm, Winston Rowe & Associates runs into lot of situations with people who submitted their applications and then they don’t do anything else and do not get their loans in a timely manner.

First, what is hard money? The answer is hard money; which is also known as private capital or private money. Is a group of private investors that pool their money to make commercial real estate loans to other real estate investors or developers who can’t obtain financing from a traditional bank because their real estate investment or future development is too high risk. These loans are typically for short terms of 1 day to 2 years with interest rates starting at 10% interest only.

The key of getting fast hard money loan regardless what lender or consultant you are working with is to get the documentation required for getting a hard money loan in a fast manner, regardless of who is going to do this hard money loan for you. If you want to get it done on quick basis, definitely you need to work on the required documentation by hard money investors that they are going to require before you close.

Now another question arises; what private money lenders need in terms of documentation? Typically they are going to need some of the following documents.

An application or intake document
YTD Profit & Loss (P&L)
Last 3 Years Profit & Loss Statements (P&L)
Last 3 Years Business Tax Returns
Last 3 Years Personal Tax Returns
Schedule E’s or 8825’s
Buyers Tri Merge Credit Report For All Principles
Business & Personal Bank Statements
Personal Financial Statement All Principles

Once you submit the application or intake form the next step in the hard money loan is to actually have an evaluation done on the property where somebody goes and determines what the property is worth actually or determines how much they are going to lend you on the property in case you are going for Rehab Loans.

So while as a real estate investor are going to choose a hard money loan, you need to do quickly and comprehensively complete the lenders supporting  documentation in order to get the loan done by your hard money lender. So, any delay in documentation is the will cause the delay in getting a quick hard money loan.

Winston Rowe & Associates understands that in this business very few funding requests will fit neatly in a box and therefore we look forward to working with you to identify a unique deal structure that can benefit from their hard money loan programs.

Eligible Property Types For Hard Money Loans Include:  

Land
Hotels
Apartments
Mixed Use
Resorts
Nursing Homes
Senior Apartments
Assisted Living Facilities
Hospitals
Shopping Centers
Truck Stops
Office Buildings
Golf Courses
Manufacturing Facilities

Winston Rowe & Associates also has an excellent knowledge based free investor resource for commercial property valuation and analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront fee hard money loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Winston Rowe & Associates Debtor In Possession (DIP) Financing – Chapter 11 Bankruptcy Loans

Winston Rowe & Associates, a no upfront fee private capital firm provides debtor in possession (DIP) financing solutions on a national basis with applications for joint venture and private capital. They consider transactions starting at $10,000,000. to $500,000,000. with a clearly defined exit strategy.

Prospective clients with questions concerning their debtor in possession (DIP) financing options can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

How Debtor In Possession (DIP) Financing Works:

DIP financing is unique from other financing methods in that it usually has priority over existing debt, equity and other claims. DIP financing is considered attractive because it is done only under order of the Bankruptcy Court, which is empowered by the Bankruptcy Code. Debtor-in-Possession financing can also provide corporate bankruptcy financing to engage in a prepackaged business bankruptcy where the asset based lender providing DIP financing supplies the funds to work out a settlement with creditors up front, in order to walk into corporate bankruptcy court with this pre-packed settlement.

Under Chapter 11 bankruptcy, a business files for protection from creditors while it reorganizes itself. Instead of granting the creditors’ claims from liens and security interests in the business assets and allowing them to take possession, the bankruptcy court allows the business to retain ownership and control of specific assets. During that time, the business must prepare a reorganization plan that proposes a method, an amount, and a timeframe by which it will pay its creditors.  

If granted debtor-in-possession status by petition to the bankruptcy court, the business may use assets of the business, including vehicles, equipment, and plant to continue operations. In practice, the continued operations allow the debtor in possession to reorganize, reposition itself, and improve its chances of re-paying creditors, even while all of its finances fall under the strict supervision of the bankruptcy court.

What Winston Rowe & Associates Can Do For You:

No Upfront or Advance Fees to Process Your Transaction
Bankruptcy Financing: Voluntary or Involuntary Bankruptcy
DIP Exit Financing
Joint Venture Options
Plan of Reorganization
Restructuring
Turnaround Financing
Financing Within 30 Days

In addition to debtor in possession (DIP) solutions, Winston Rowe & Associates offers the best in traditional and hard money commercial real estate financing programs.

When you call them with a loan scenario, they quickly assess what type of financing is appropriate for your situation. Then utilize their direct access to the most aggressive investor sources in the world to create a customized financing solution for clients.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront fee commercial real estate loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Debtor In Possession (DIP) Financing – Chapter 11 Bankruptcy Loans

Winston Rowe & Associates, a no upfront fee private capital firm provides debtor in possession (DIP) financing solutions on a national basis with applications for joint venture and private capital. They consider transactions starting at $10,000,000. to $500,000,000. with a clearly defined exit strategy.

Prospective clients with questions concerning their debtor in possession (DIP) financing options can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

How Debtor In Possession (DIP) Financing Works:

DIP financing is unique from other financing methods in that it usually has priority over existing debt, equity and other claims. DIP financing is considered attractive because it is done only under order of the Bankruptcy Court, which is empowered by the Bankruptcy Code. Debtor-in-Possession financing can also provide corporate bankruptcy financing to engage in a prepackaged business bankruptcy where the asset based lender providing DIP financing supplies the funds to work out a settlement with creditors up front, in order to walk into corporate bankruptcy court with this pre-packed settlement.

Under Chapter 11 bankruptcy, a business files for protection from creditors while it reorganizes itself. Instead of granting the creditors’ claims from liens and security interests in the business assets and allowing them to take possession, the bankruptcy court allows the business to retain ownership and control of specific assets. During that time, the business must prepare a reorganization plan that proposes a method, an amount, and a timeframe by which it will pay its creditors.  

If granted debtor-in-possession status by petition to the bankruptcy court, the business may use assets of the business, including vehicles, equipment, and plant to continue operations. In practice, the continued operations allow the debtor in possession to reorganize, reposition itself, and improve its chances of re-paying creditors, even while all of its finances fall under the strict supervision of the bankruptcy court.

What Winston Rowe & Associates Can Do For You:

No Upfront or Advance Fees to Process Your Transaction
Bankruptcy Financing: Voluntary or Involuntary Bankruptcy
DIP Exit Financing
Joint Venture Options
Plan of Reorganization
Restructuring
Turnaround Financing
Financing Within 30 Days

In addition to debtor in possession (DIP) solutions, Winston Rowe & Associates offers the best in traditional and hard money commercial real estate financing programs.

When you call them with a loan scenario, they quickly assess what type of financing is appropriate for your situation. Then utilize their direct access to the most aggressive investor sources in the world to create a customized financing solution for clients.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront fee commercial real estate loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Debtor In Possession (DIP) Financing Explained Winston Rowe & Associates

Winston Rowe & Associates, a no upfront fee commercial finance firm provides Debtor in Possession (DIP) financing which is a special form of financing granted to companies in financial trouble. Typically these companies are in a Chapter 11 bankruptcy. The unique feature of a DIP loan is that the bankruptcy court usually grants a super priority status to the new loan.

This means that the new loan gets to jump in front of any mezzanine financing and any senior mortgages in the debt stack. It is important to understand that DIP financing is used to provide new operating capital and is not intended to pay off any current debt or obligation associated with the sponsor or entity.

Prospective clients with questions concerning their financing options for debtor in possess chapter 11 financing can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

DIP financing is unique from other financing methods in that it usually has priority over existing debt, equity and other claims. DIP financing is considered attractive because it is done only under order of the Bankruptcy Court, which is empowered by the Bankruptcy Code. Debtor-in-Possession financing can also provide corporate bankruptcy financing to engage in a prepackaged business bankruptcy where the asset based lender providing DIP financing supplies the funds to work out a settlement with creditors up front, in order to walk into corporate bankruptcy court with this pre-packed settlement.

Asset based lending sources provide Debtor-In-Possession financing following the filing of either a voluntary or involuntary corporate bankruptcy proceeding utilizes the same fundamental asset valuation approach to provide the loan as it would utilize for a company not in business bankruptcy.

The availability of DIP financing may depend on the perceived viability of the company
during the proceeding and on its ability to successfully complete a Plan of Reorganization (POR). The Plan of Reorganization must specify how the debtor intends to pay the creditors and Debtor-in-Possession financing is a means toward that end.

Potential Applications:

Bankruptcy Financing: Voluntary or Involuntary Bankruptcy
Plan of Reorganization
Restructuring
Turnaround Financing

Winston Rowe & Associates also has an excellent knowledge based free investor resource for commercial real estate investing, valuation and analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront fee debtor in possession financing in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Refinancing Apartment Complex Multifamily Loans No Upfront Fees

Refinancing Apartment Complex Multifamily Loans No Upfront Fees

Winston Rowe & Associates has just announced a new commercial loan refinance program for Apartment Complexes, Apartment Buildings and Multifamily as well as mixed use. With no advance or upfront fees.

Prospective clients with questions concerning their apartment and multifamily loan programs can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

All of Winston Rowe & Associates apartment loans are offered at competitive rates, so owners and investors can spend less on interest and fees and turn an even bigger profit from their investment in an apartment building or complex. There are flexible loan terms and payment schedules available to fit the needs of any owner or investor, whether the funding is used on the purchase of an existing building, the construction of a new building, or the renovation of an existing structure. Refinancing loans are available to save current owners money on their mortgage loan payments.

They provide a diverse and innovative commercial lending platform backed by a staff of seasoned, experienced professionals, enabling Winston Rowe & Associates to provide a one-stop solution for loans on all multifamily types.

Winston Rowe & Associates also has an excellent knowledge based free investor resource for commercial real estate investing, valuation and analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront fee hard money loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

Winston Rowe &a…

Winston Rowe & Associates has just announced a new commercial loan refinance program for Apartment Complexes, Apartment Buildings and Multifamily as well as mixed use. With no advance or upfront fees.

Prospective clients with questions concerning their apartment and multifamily loan programs can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

All of Winston Rowe & Associates apartment loans are offered at competitive rates, so owners and investors can spend less on interest and fees and turn an even bigger profit from their investment in an apartment building or complex. There are flexible loan terms and payment schedules available to fit the needs of any owner or investor, whether the funding is used on the purchase of an existing building, the construction of a new building, or the renovation of an existing structure. Refinancing loans are available to save current owners money on their mortgage loan payments.

They provide a diverse and innovative commercial lending platform backed by a staff of seasoned, experienced professionals, enabling Winston Rowe & Associates to provide a one-stop solution for loans on all multifamily types.

Winston Rowe & Associates also has an excellent knowledge based free investor resource for commercial real estate investing, valuation and analysis located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no upfront fee hard money loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming