Commercial properties are "bread and butter" for "Not So Hard Money", representing the majority of current loans. The underwriting will analyze an appraisal, an inspection performed by the underwriter, title, and other material facts to reach a value. Need operating cash from your real estate equity, and at a very decent rate? That's what we do!
The value of Commercial properties, which includes all of the listed types below, is arguably found by analyzing not any one, but all three of the types of appraisals, regardless of what it's current use might be. Ultimately, to a lender, if the lender is ever forced to foreclose on a property due to default on the intended loan, it can only have the value that the lender could resell it for, regardless of the possible value it might have right at that moment. Thus, a borrower should be aware that sometimes, since the borrower/owner is the user with a purpose, a lending institution will find a value that is closest to a resale price, sometimes higher and sometimes lower than the borrower/owners opinion.
We've found funding for Auto Mechanics and Salvage yards, Multi-Use properties, RV Parks, Hotels, Multi-Family Housing, Towing, Restaurants, Churches, Charities, Offices, Schools, Retail, Industrial, Warehouses, etc. If you have a business, tell us about your requirement and we'll work on options for you!
- Office Buildings
- Retail Stores
- Restraunts
- Churches
- Charities
- Warehouses
- Industrial
- Multi-Use
- Hotels / Motels
- Multi-Family
- RV Parks
- Auto Wrecking / Auto Salvage
- Auto Mechanic / Auto Body