Understanding Prepayment Penalties

Mortgage loans are expensive to originate.  It is not uncommon for consumer mortgages to cost upwards of $9,000.  Lenders typically recoup those costs through a combination of upfront fees and interest revenue over the life of the loan. 

If a borrower pays off a loan shortly after origination, the lender is at risk of losing money on the loan. Enter prepayment penalties.  A prepayment penalty is a contractual clause that states the borrower is going to pay the lender an additional fee if the borrower pays the loan off early.  This really isn’t a penalty at all.  It is a way for the lender to make sure they don’t lose money on a loan.

For example a standard prepayment penalties with a 5 year structure of 5/4/3/2/1 structure. This means that if the borrower pays off the loan in year one, they have a 5% prepayment penalty, in year two, a 4% prepayment penalty, in year three, a 3% prepayment penalty, and so forth. So, you might be wondering how this affects the borrower, and the answer is, it depends on your investment strategy. Let’s dive in.

The rental investors looking to grow a legacy of rental properties and hold on to them long term (we call these properties “permanent rentals”) are not really affected by the prepayment penalty.  Since their investment strategy focuses on the lifetime of the loan, paying off the loan in the first five years is a moot point.

On the other hand, investors looking to purchase rental properties with flexibility to sell in the foreseeable future (we call these properties “transitional rentals”) are very concerned about the prepayment penalty. These investors are interested in market conditions and want to be able to sell the property at the right time without worrying about paying a penalty fee.

Free Business And Real Estate Investing eBooks

Contact Winston Rowe and Associates

Welcome to Winston Rowe and Associates knowledge blog, scroll down to the right for posts about commercial real estate.

This is a list of free books about real estate investing, commercial real estate financing and business strategy.

We’re always on the lookout for great free books so bookmark this blog and check back for monthly updates.

These links are not affiliate marketing links, just publications that we feel may add value to people and businesses.

Commercial Real Estate Finance

The eBook Commercial Real Estate Finance, by Winston Rowe & Associates discusses the fundamentals of the different types of commercial property, the various options that are included with properties and the capabilities that you will have as a commercial property investor.

Real Estate Investing Articles

This is a link to 1226 real estate investing articles written by industry veteran’s.

25 Productivity Tips for Successful Business Owners

Productivity is critical to your success at work. Business owners, managers and executives all want to get the most from their employees. If you’re not performing as efficiently or effectively as others, your long-term job prospects could be in trouble.

Real Estate Investing: How to Find Cash Buyers and Motivated Sellers

“Real Estate Investing: How to Find Cash Buyers and Motivated Sellers” teaches real estate investors and those interested in learning to invest in real estate how to define and target ideal cash buyers and motivated sellers. The book covers absentee owners, rehab investors, Section 8 landlords, and other buyer types. Some of the marketing topics include mailing lists, postcards, both online and offline marketing strategies along with examples. Anyone who wants to wholesale a house or is curious about flipping houses should pick this book to get educated on cash buyers and motivated sellers for their real estate investing.

Real Estate – Breaking Bad How to Flip Decaying Real Estate Properties for Profit

Tired of working 9 to 5? You should think of making money with real estate! Yes, the effort is well worth it! You just have to ditch the misconceptions and embark with all the passion you have in store for this amazing trip of rehabbing old houses and giving them a new look and a new owner.  Your reward? A nice profit!

Real Estate Forms Portfolio

A FREE and ready-for-download eBook consisting of a comprehensive collection of real estate-related forms for real estate investors.

Real Estate Secrets Exposed

This FREE e-Book sheds some light on the often mysterious and sometimes daunting world of real estate.

Use 1031 Real Estate Exchanges to Create Multiple Streams of Income

Discover how to use 1031 tax-free exchanges, tenants in common interests, and zero cash flow properties to create new sources of income. Learn how to offer bundled services and attract new clients. This FREE, ready for download eBook is perfect for anyone involved in real estate, taxes, mortgages, insurance, or law.  Download it now!

Make Money Through Real Estate Renovations

Download this FREE eBook and learn how a successful investor makes thousands of dollars from real estate renovations. Download it now!

Discover the Secrets of How to Fund Your Real Estate Deals with Private Lenders

Download this FREE e-Book, and discover the new secrets of funding real estate deals in the post-bubble real estate market, where traditional lending sources are getting very difficult to obtain. Download it today!

Real Estate Investing Strategy for Rehabs

This eBook is about residential rehabbing and the multiple strategies that can be used to maximize profits in this current economic climate. My goal has always been to share knowledge with folks that are truly interested in rehabbing and view it as not only for monetary gain but also see is as an “art and science” like I do. Happy Rehabbing!!

How to Be A Super Property Investor

A FREE, step-by-step guide that will help you become a super real estate property investor. Learn all the basic and some advanced investing techniques that have generated millions for property investors. Ready for download now!

Financial Terms Dictionary – 100 Most Popular Financial Terms Explained

This practical financial dictionary helps you understand and comprehend more than 100 common financial terms. It was written with an emphasis to quickly grasp the context without using jargon. Every terms is explained in detail with 600 words or more and includes also examples. It is based on common usage as practiced by financial professionals.

The Prince by Niccolò Machiavelli

Niccolò di Bernardo dei Machiavelli was an Italian diplomat, politician, historian, philosopher, writer, playwright and poet of the Renaissance period. He has often been called the father of modern political philosophy and political science.

The Science of Getting Rich by W. D. Wattles

This book is pragmatical, not philosophical; a practical manual, not a treatise upon theories. It is intended for the men and women whose most pressing need is for money; who wish to get rich first, and philosophize afterward. It is for those who have, so far, found neither the time, the means, nor the opportunity to go deeply into the study of metaphysics, but who want results and who are willing to take the conclusions of science as a basis for action, without going into all the processes by which those conclusions were reached.

Sun Tzu Art of War

Written in the fifth century B.C., Suntzu and Wutzu still remain the most celebrated works on war in the literature of China. While the chariot has gone, and weapons have changed, these ancient masters have held their own, since they deal chiefly with the fundamental principles of war, with the influence of politics and human nature on military operations; and they show in a most striking way how unchanging these principles are.

Make Extra Money Flipping Houses While On Vacation by Jason Medley

Reveals his simple and proven systems to automate, delegate and outsource nearly every function of his business except cashing his checks. He shows the exact steps that has allowed him to go on multiple vacations with his family throughout the year while having his system continue to flip houses for him.

Achieving Wealth Through Real Estate: A Definitive Guide To Controlling Your Own Financial Destiny Through a Successful Real Estate Business

Have you ever thought about making money with real estate? In Achieving Wealth Through Real Estate: A Definitive Guide to Controlling Your Own Financial Destiny Through a Successful Real Estate Business, author and entrepreneur Kirill Bensonoff takes you through the process of starting your own real estate business step-by-step, featuring his expert tips and tricks.

Business Loans Uncovered

Knowing if you qualify is one of the most important things to know when applying  for a loan of any type. Blindly applying for a loan and being declined increases the chances of you being declined again and again because you not only lower your credit score each time you apply, multiple inquires also serves a red flag to other lenders and as a result lenders put you in a high risk category and charge higher interest rates in the event of an approval Includes: ​Traditional Lenders, Government Sources, The 7(a) loan guarantee program, SBA Low Doc loan program, SBA Express loan program, Factoring, Venture Capitalists, Angel Investors.

50 Simple Secrets To Be A Happy Real Estate Investor

Discover the secrets used by successful real estate investors to create happiness in their lives and businesses. Naturally create more happiness for yourself by implementing time-tested secrets to happiness used by other real estate professional and investors just like you. Start to experience more productivity, satisfaction, and success immediately.

Real Estate Finance and Investment

This course is an introduction to the most fundamental concepts, principles, analytical methods and tools useful for making investment and finance decisions regarding commercial real estate assets. As the first of a two-course sequence, this course will focus on the basic building blocks and the “micro” level, which pertains to individual properties and deals.

Introduction to the Law of Property, Estate Planning and Insurance

Introduction to the Law of Property, Estate Planning and Insurance is an up-to-date textbook that covers legal issues that students must understand relating to real estate (an especially important business asset), as well as estate planning and insurance.

The text is organized to permit instructors to tailor the materials to their particular approach. The authors take special care to engage students by relating law to everyday events with their clear, concise and readable style.

Defensive Real Estate Investing: 10 Principles for Succeeding Whether Your Market is Up or Down

As the real estate market changes after years of aggressive growth, investors everywhere are faced with uncertainty, wanting to know how to prepare for a potential real estate bust and make sure they don’t lose money.   In his authoritative new work, Defensive Real Estate Investing, bestselling author and real estate expert William Bronchick provides guiding principles to safe investments for beginning to intermediate real estate investors.

Private Real Estate Investment: Data Analysis and Decision Making

Fiduciary responsibilities and related court-imposed liabilities have forced investors to assess market conditions beyond gut level, resulting in the development of sophisticated decision-making tools. Roger Brown’s use of historical real estate data enables him to develop tools for gauging the impact of circumstances on relative risk. His application of higher level statistical modeling to various aspects of real estate makes this book an essential partner in real estate research. Offering tools to enhance decision-making for consumers and researchers in market economies of any country interested in land use and real estate investment, his book will improve real estate market efficiency. With property the world’s biggest asset class, timely data on housing prices just got easier to find and use

Construction Funding: The Process of Real Estate Development, Appraisal, and Finance

Construction firms operate on narrow profit margins and the success of construction projects is hinged upon proper financing. Construction Funding is the only single volume, concise text on the financial aspects of building and developing.

The book acquaints the reader with a set of procedures specifically designed to solve the unique financial challenges facing the construction industry. It guides the reader step-by-step through each phase of financing a development project, from simple one-family residences to large multi-unit complexes. Construction Funding also addresses raising capital, selecting markets, rating sites, insurance, joint ventures, loan options, and cash flow management. Separate sections are devoted to the conduct of profitability studies and to finding after-tax rates of return. Construction Funding, Fourth Edition, has been updated to provide current costs and funding methods and additional learning features such as key terms, review questions, and learning objectives.

How to Make Money With Real Estate Options: Low-Cost, Low-Risk, High-Profit Strategies for Controlling Undervalued Property….Without the Burdens of Ownership!

I have dabbled with real estate for years usually making good money and sometimes being hammered (like with the last crash in the RE market). But overall RE has been good to me. Be that as it may, I have lost enough to know that I wanted to minimize my risk while still having plenty of upside potential. Real estate options are a vehicle to accomplish this goal. Thus, I started educating myself on the subject and found this most excellent book. Mr. Lucier is thorough and detailed and relates the reality of what it takes to profit (not like some of these dream weaver real estate gurus who like to sell you on how “easy” it is).

50 Simple Secrets To Be A Happy Real Estate Investor

Discover the secrets used by successful real estate investors to create happiness in their lives and businesses. Naturally create more happiness for yourself by implementing time-tested secrets to happiness used by other real estate professional and investors just like you. Start to experience more productivity, satisfaction, and success immediately.

Marketing Strategies for Real Estate Photography

One of the biggest problems that real estate photographers have once they have set up their business as a legal entity, obtained all the right equipment and perfected their technique is obtaining new clients.

Clients and customers are the lifeblood of any business, but how do you obtain new clients after starting your business?

By developing and executing a strategic marketing plan tailored to your business.

This short guide has been written to help real estate photographers develop their marketing plan and assist with winning new business.

It includes a series of digital and direct marketing strategies along with useful tips and lessons the author has learned from his own experiences that can save you time and money when growing your business.

A marketing action plan template has been included to help photographers execute the strategies learned in this guide book.

Books by Dr William Edward Deming

William Edwards Deming (October 14, 1900 – December 20, 1993) was an American engineer, statistician, professor, author, lecturer, and management consultant.

Educated initially as an electrical engineer and later specializing in mathematical physics, he helped develop the sampling techniques still used by the U.S. Department of the Census and the Bureau of Labor Statistics.

In his book The New Economics for Industry, Government, and Education Deming championed the work of Walter Shewhart, including statistical process control, operational definitions, and what Deming called the “Shewhart Cycle, which had evolved into Plan-Do-Study-Act (PDSA). That was in response to the growing popularity of PDCA, which Deming viewed as tampering with the meaning of Shewhart’s original work.

Deming is best known for his work in Japan after WWII, particularly his work with the leaders of Japanese industry. That work began in July and August 1950, in Tokyo and at the Hakone Convention Center, when Deming delivered speeches on what he called “Statistical Product Quality Administration”.

Many in Japan credit Deming as one of the inspirations for what has become known as the Japanese post-war economic miracle of 1950 to 1960, when Japan rose from the ashes of war on the road to becoming the second-largest economy in the world through processes partially influenced by the ideas Deming taught

 

Bridge Loan Parameters – Winston Rowe and Associates

Bridge Loan Parameters Interest Rates

Winston Rowe and Associates, a no advance fee capital source, is pleased to announce our updated bridge loans for commercial real estate nationwide.

No Upfront Fee Bridge Loan Parameters:

Refinance, acquisitions, lease-ups, repositioning / transitional properties, tight closing deadlines, refinancing of maturing loans and partner buyouts for office, retail, industrial, and multi-family.

Rates:

Floating rate loans starting as low as 5.50%

Term

1-3 Years

Up to 75%

DSCR starting at 0.95x

Non recourse

Pre-approval for permanent financing including CMBS

Non-Recourse loans for Limited Service Hotels, Office, Industrial, Retail, Multifamily Starting at $3 Million

Current Rates:

4.05% I 5 YEAR FIXED

4.10% I 10 YEAR FIXED

Term:

5-10 year term

25-30 year amortization

Up to 65% LTV on hospitality transactions

Up to 70% LTV on conventional commercial real estate acquisitions and refinances

DSCR > 1.45x

The goal at Winston Rowe & Associates is to add value to a client’s acquisition or refinance by offering a wide range of commercial real estate financing solutions through their direct access to top national, regional, and local retail banks, hedge funds, hard money and private capital lenders.

 

No Upfront Fee Private Real Estate Hard Money Loans

No Application Fee Commercial Loans

Winston Rowe & Associates is a no upfront fee private and hard money commercial real estate finance firm specializing in immediate and creative financing solutions.

They understand that in this business very few funding requests will fit neatly in a box and therefore they look forward to working with client to identify a unique deal structure that can benefit from their private and hard money loan programs.

If you have any questions concerning private or hard money financing, you can contact
Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

Winston Rowe & Associates is dedicated to professionalism and quality customer service, focusing on each borrower’s individual circumstances in order to provide flexible and innovative solutions for time sensitive situations.

What can Winston Rowe & Associates do for clients:

  • No Upfront Fees
  • Close Quickly
  • Purchase, Refinance & Cash Out
  • Private Commercial Real Estate Loans
  • Hard Money Loans
  • Foreclosure Bailout
  • Short Term Bridge Loans
  • Construction Financing
  • Bankruptcy Workouts
  • Portfolio Repositioning
  • NPN Financing

 

 

 

Structuring Commercial Bridge Loans

APPLY ON LINE NO UPFRONT FEE COMMERCIAL LOAN

Winston Rowe & Associates, a leading no upfront fee financial advisory and consulting firm focuses on borrowers with immediate financing alternatives to traditional commercial real estate programs.

They are expects at gap (bridge) financing, discounted mortgage buybacks, unpaid tax remittances, foreclosure workouts, bankruptcy resolutions (DIP) and short fuse opportunity financing are all examples of transactions that can be closed with immediately.

Prospective clients can always speak to a principle directly at 248-246-2243 or visit them online at http://www.winstonrowe.com (http://www.winstonrowe.com/) .

They always have straight forward answers to client’s questions and have some of the best service in the business.

When you need to move quickly, Winston Rowe & Associates is prepared to move at the same quick pace as their clients – in weeks not months.

Why CRE Investors Are Turning To Winston Rowe & Associates:

Never an upfront or advance fee

National coverage

Fast funding in less than 30days (with complete submission)

Bridge loans starting at 7%

Loan to value up to 70%

Some of the best service in the business

Streamlined submission process

All real estate types considered

Loan amounts starting at $1,000,000 with no upper limit

Winston Rowe & Associates of their highly skilled team of due diligence and underwriting professionals that can get out of the box transactions funded.

Chapter 11 Bankruptcy Financing

APPLY FOR DIP FINANCING

 

Debtor-in-Possession (DIP) Financing is essentially financing provided to companies who have filed for bankruptcy protection and reorganization under Chapter 11 of the United States Code.

DIP Financing is provided on a post-petition basis — after the filing date of the company’s bankruptcy.

There are many benefits to using Winston Rowe and Associates for Debtor-in-Possession financing:

Experience and Expertise:

Winston Rowe & Associates has a long track record and lengthy history of success in providing DIP Financing.  In conjunction with your attorney, they will help navigate you through the process rapidly and efficiently.

Flexibility:

DIP Financing structures are extremely flexible and can accommodate financing amount starting at $1,000,000.

When speed and experience are important and crucial to your commercial real estate investing success, a principal at Winston Rowe & Associates is always available to speak with prospective clients.

They can be contacted at 248-246-2243 or check them out on line at http://www.winstonrowe.com

Winston Rowe and Associates has Debtor in Possession (DIP) 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

Selecting “Debt Investing” Vs “Equity Investing” Financing for Commercial Property

WINSTON ROWE AND ASSOCIATES WEB SITE

This is a great explanation of the difference between Equity Investing vs. Debt Investing and how it works from Winston Rowe and Associates.

Winston Rowe & Associates is an equity based private and hard money funding source for commercial properties nationwide without the usual upfront or advance fees. They can be contacted at 248-246-2243.

Equity Investors vs. Debt Investors Differences

The subject of private money is a broad one and one that is vitally important to the success of any real estate investor.

First, when you are raising private money you are generally seeking private lenders. However, not all private lenders are created equal.

Private Money

There are two types of private lenders that you should target when raising private money for your deals: 1) debt investors and 2) equity investors. Your private lenders are investors in your deals so this word can be used interchangeably with lender and in fact, investor is my preferred vernacular.

Debt Investors

Debt investors are people that invest money in your deal for a fixed rate of return. They make an actual loan on the underlying property and you agree to pay them a certain interest rate and make monthly payments over a certain amount of time until the loan is paid in full.

Debt investors do not get equity in the deal or “participate” in additional profits.

Debt investors are the least expensive investor but they take a long time to find. They typically pay debt investors 6-8% interest only and most prefer to be in first lien position on the property so they usually only use debt investors if they can raise 100% of the funds needed to close the deal.

Equity Investors

Equity investors are people that invest money in your deal for a percentage of the profits. They “participate” in your deal and as a result most of these arrangements are referred to as participation deals. Typically these are the investors that get a percentage of the monthly cash flow plus a percentage of the equity.

Equity investors are the most expensive investors you can have in your deal but they take the least amount of time to find. Everybody wants a bigger piece of the pie.

Most new real estate investors think that if an equity investor puts up 25% of the deal then s/he is entitled to 25% of the profit (cash flow + equity). This isn’t necessarily the case. You can structure your equity investor’s participation any way you want.

Commercial real estate investors can view Winston Rowe & Associates products and solutions

They can be contacted at 248 246 2243. A principal is always available to take calls.

Winston Rowe & Associates has hard money financing solutions 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

 

Hard Money No Upfront Fees

Hard Money No Upfront Fees

Winston Rowe & Associates, a national commercial hard money finance firm can quickly close on a property, acquire commercial real estate from foreclosure, or take advantage of a short-to-medium term opportunity and provide additional time for the customer to secure a permanent commercial mortgage loan.

Most banks do not offer the range of commercial real estate bridge loans that Winston Rowe & Associates provides because they typically do not fit the bank’s lending criteria due to the speculative nature of the property, the higher level of risk, lack of cash flow, and other factors.

Areas of Winston Rowe & Associates Hard Money Business Practice:

Bridge loans can fund in just a few weeks
Never an upfront or advance fee
They consider all commercial property types
Capital deployment starting at $250,000 through $100,000,000.
Discount bank note financing
Debtor in possession
Opportunistic real estate investments

Winston Rowe & Associates best business practices process ensures that their clients receive lighting fast funding with the most aggressive hard money rates and terms available, while managing every step of the financing process from document collection to commitment negotiation and closing.

Winston Rowe & Associates provides no upfront or advance fee commercial hard money bridge 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

Discounted Note Pay Off Financing No Upfront Fees

WINSTON ROWE ASSOCIATES ONLINE

Recently commercial real estate owners have been turning to Winston Rowe & Associates, a no upfront fee national commercial real estate advisory firm specializing in Discounted Note Pay Off’s (DPO) for clients with time sensitive transactions.

Prospective clients seeking additional information about Winston Rowe & Associates and their national commercial real estate financing solutions, they can be contacted at 248-246-2243 or visit them on line at http://www.winstonrowe.com

There are several scenarios where Winston Rowe & Associates can help their clients who are offered a discount to pay off your current commercial real estate loan:

1. Your current loan is maturing and the debt is more than can be refinanced.
2. The current lender has some outside pressure to reduce their CRE exposure.
3. Your property is no able to service the debt.

Winston Rowe & Associates solutions go off of the current value of the property and lend up to 60% LTV for the payoff and if 60% of the property covers the payoff, they have a funding solution the whole payoff. There is no other program like this in the commercial loan business.

How the program works. The minimum transaction size is $2,000,000 with no maximum and can have the financing completed within 30 days.

They have financing solutions in the following markets:

California
Seattle WA
Portland OR
Boise ID
Phoenix AZ
Las Vegas NV
Denver CO
Kansas City MO
St. Louis MO
Dallas/Fort Worth TX
Austin TX
San Antonio TX
Houston TX
Atlanta GA
The Research Triangle in NC
Florida (rather South Florida-Palm Beach to Miami but will consider Orlando & Jacksonville)

 

Tips For Getting A Commercial Bridge Loan – With No Advance Fees

WINSTON ROWE & ASSOCIATES

Winston Rowe & Associates, a no upfront fee finance and advisory firm receives many inquiries from real estate investors every day concerning hard money bridge loans for their commercial properties from around the country.

Most are surprised by the more extensive supporting documentation for the initial due diligence and subsequent underwriting process.

This news article addresses the best uses for commercial real estate bridge loans and what real estate investors should expect when applying.

Commercial real estate investors who would like more information about Winston Rowe & Associates commercial bridge loan financing can contact them at 248-246-2243 or email to; processing@winstonrowe.com

Also investors can check them out online at http://www.winstonrowe.com

What is a commercial bridge loan?

Fist thing to understand about bridge loans is that they are short term loans. Generally between 12 to 36 months with interest rates at double digits.

The advantage of commercial bridge financing is that they fund very quickly, weeks not months and in some cases a bridge loan can be funded in just a few days.

Winston Rowe & Associates uses a best business practices streamlined business model that enables clients to quickly submit a bridge loan request for consideration, before they need to provide the bulk of the supporting documentation.

The most common reasons for bridge financing are the ensuing:

• Distressed real estate acquisitions

• Opportunistic purchases

• Chapter 11 Debtor in Possession (DIP) exit financing

• Bank Payoff Discounted note (DPO) financing

• Upcoming balloon payment

• Cash out refinance

Winston Rowe & Associates provides no upfront or advance fee commercial real estate asset back bridge 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

 

 

Hard Money Bridge Loans No Upfront Fees

Hard Money Bridge Loans No Upfront Fees

Winston Rowe & Associates is a no advance fee commercial bridge loan specialist, bringing significant experience and proven success in executing today’s time-sensitive commercial bridge loans to real estate operators, owners and borrowers nationwide.

Winston Rowe & Associates has senior bridge loans for borrowers in the apartment, office, retail, residential, hospitality and industrial sectors, to name only a few.

Winston Rowe & Associates operates as a niche capital provider in the commercial real estate arena, offering the ability to provide both debt and equity to real estate developers and borrowers in opportunistic circumstances.

Winston Rowe & Associates takes pride in being one of the few commercial loan advisory and investments banking platforms in the nation offering access to billions of dollars worth of capital specifically meant for commercial real estate financing.

Winston Rowe & Associates provides no upfront or advance fee commercial bridge 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

Hard Money Commercial Loans No Upfront Fees

Hard Money Commercial Loans No Upfront Fees

Asset-based, hard money loans are made by private money lenders which are non-institutional (non-bank) capital sources, generally secured by a note and deed of trust, for the purpose of funding a real estate transaction.

They use a very strict set of rules regarding the collateral status of the physical assets being used to obtain a loan.

What is Hard Money Used For:

This type of financing is used for high risk business transactions that traditional banks or institutions will not lend on.

For example; Chapter 11 Bankruptcy, commercial property that is vacant or needs rehabilitation and other types of high risk business ventures, turnaround situations, short-term bridge financing and for investors who want to purchase properties to fix and flip.

Types of Collateral Used:

Asset based lending comprises business or a real estate loan secured by the liquidation value of their assets, generally at quick fire sale values.

A recipient receives this form of financing by offering real estate, inventory, accounts receivable and/or other balance-sheet assets as collateral.

Common assets that are provided as collateral for a hard money loan include physical assets like real estate, such as land and physical properties, company inventory and manufacturing equipment, or physical commodities.

If the borrower fails to repay the loan or defaults, the hard money lender can seize the collateral and sell the assets in order to recoup its loan amount.

In many cases the collateral to secure the loan is two times the value of the loan; hence the hard money lender will make a substantial profit even if the loan defaults.

Due Diligence and Underwriting:

Prior to authorizing a loan, lenders require a relatively lengthy due diligence process, which includes the inspection of the real estate, balance sheet, ledgers and assets to calculate the value of a company’s allowable borrowing capacity.

Costs associated with this analysis vary, but common charges include site visits, collateral evaluations and interest costs.

Hard Money Lending Source:

The objective at Winston Rowe & Associates is to add value to a client’s commercial real estate acquisition or refinance by offering a wide range of hard money, asset based financing solutions for; apartment buildings, hotels, shopping centers, office buildings, industrial property, raw land, medical offices, manufactured home developments and construction projects.

They can be contacted at 248-246-2243 or visit them on line at http://www.winstonrowe.com

Announcing 70% LTV Commercial Bridge Loans No Upfront Fees

Winston Rowe & Associates is pleased to announce one of the most competitive commercial real estate bridge loan solutions in the Nation.

At 70% loan to value (LTV) with a core focus on the commercial asset, this bridge loan is designed for borrowers that need fast funding in days, not weeks or months.

Their bridge loan program is designed for small and medium sized business needing capital deployments from One Million to Fifteen Million Dollars.

Winston Rowe & Associates Program Highlights:

• No Upfront or Advance Fees

• Amortization Interest Only

• Interest Rates Starting at 8%

• Loan Terms from 12 to 36 Months

Funding Uses:

• Time Sensitive Situation

• Property Acquisition

• Note Acquisitions

• Rehabilitation & Redevelopment

• Lease Up & Stabilization

If you would like to learn more about commercial bridge financing options for your business from Winston Rowe & Associates you can check them out online at http://www.winstonrowe.com

Whether it’s an initial purchase or a refinance they have the solution for you. Winston Rowe & Associates offers expert friendly service combined with years of experience and will work with clients to find the best solution that fits your needs.

Commercial Real Estate Bridge Loan Strategies Winston Rowe & Associates

Bridge Loan Strategies

Winston Rowe & Associates, a no advance fee national commercial real estate bridge loan financing firm has prepared this article to provide an understanding of the approach and methodologies of commercial bridge loans. They listen and are there to help.

Commercial Bridge Loan Advantages:

Commercial real estate investors often times turn to Winston Rowe & Associates with time sensitive, opportunistic or distressed commercial real estate transactions, but do not understand the advantages or structures of commercial bridge (gap) financing.

The ensuing are a few scenarios that commercial bridge are utilized for:

Time Sensitive Scenario:

A commercial investor owner has a performing (cash flowing) property with a balloon payment coming due in a month or the current lender has decided not accept payments.

The problem is they can’t get conventional financing in the short time frame and are at risk of losing their property.

In this scenario, the commercial real estate investor can take advantage of a bridge loans short time frame to fund. This will prevent the loss of the property and provide the additional time for the commercial real estate investor to obtain more favorable long term financing.

Opportunistic Scenario:

Winston Rowe & Associates receives many inquiries from prospective commercial real estate investors that have an opportunity to purchase a property at a deep discount. This may be at an auction, or a bank note or a property in bankruptcy.

Discount Note Payoff Scenario:

This is very common in today’s banking climate. Commercial real estate investors are approached by their current mortgage holder (bank) and are offered a discount if they agree to take their business else ware, for various reasons. Bridge loans are an excellent option in this scenario because the faster a borrower can move the better discount they can receive.

Stabilizing Cash Out Bridge Loans with Takeout Financing:

Commercial real estate investors that need cash for various reasons such as; improvements, back taxes, or to acquire another commercial asset can utilize bridge loans for this purpose. Many conventional commercial mortgages do not allow for cash out.

Winston Rowe & Associates are experts with these types of transactions. They have solutions for short term bridge loans with takeout conventional financing.

Debtor in Possession Bankruptcy Financing:

Chapter 11 Business Bankruptcy filed in US District Court Debtor in Possession Financing is a bridge loan solution to have a fast exit from the bankruptcy.

Winston Rowe & Associates is skilled at working with borrowers and their creditors to develop a plan of reorganization (POR) to assist commercial real estate investors with their debtor in possession proceedings.

They have no upfront fee commercial bridge loan finance 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

Commercial Bridge Loans and Hard Money Financing No Upfront Fees

COMMERCIAL HARD MONEY LENDERS

 

Winston Rowe & Associates, a no upfront fee commercial bridge loan and hard money specialist offers borrowers an immediate financing alternative for short-term needs. Gap/Bridge financing, discounted mortgage buybacks, unpaid tax remittances, foreclosure workouts, bankruptcy resolutions (DIP) and short fuse opportunity financing.

Bridge Loan Financing Guidelines:

Never an upfront or advance fee
Financing available nationwide
Loan amounts range from $500,000 to $25,000,000.
Interest rates start at 10% interest only
Hard money loans can fund in two weeks with a complete loan file
Borrower must have a clearly defined take out (exit) in place
All commercial property types considered

At Winston Rowe & Associates, they offer their clients access to the most aggressive commercial real estate bridge (hard money) loans in the industry. Whether you are in need of short term financing, such as a bridge loan or hard money loan, or your needs are more long term such as construction or permanent financing, they will work with clients to structure a transaction that will meet or exceed your expectations.

Winston Rowe & Associates provides no upfront fee commercial bridge 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

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