Posts Tagged ‘commercial loans’
Remedies for poor bank accounting in commercial real estate loan. Any federal recourse ?
The bank repeatedly doubled up the amount of interest reserve used each month and also doubled up the amounts of each construction draw. When the constuction funds and interest reserve ran out, the bank foreclosed and refused to correct their accounting even though we brought it to the attention of their construction specialist and the CEO. Are [...]
How will the commercial real estate collapse effect the economy, badly or not?
A large amount of the commercial loans start coming to term this year (lasting three years). None of them are worth what's owed and will be defaulted on. http://www.youtube.com/watch?v=TKZ8vqfA6kE
Will the US go back to a Recesion with commerical defaults , Option ARMs and Alt-A loans reseting?
Seems the trend commercial real estate loss could reach 40-50% this year, so commercial loans could default, not to mention consumer Option-ARMs and Alt-A loans resetting , which is more likely than not to plunge the US economy back into a another recession or worse depression. I don't see inflation as a problem now but more deflation. I would [...]
can anyone tell me where to apply for a small business even with fair credit using my equity in my home?
I would like to purchase a mix-use commercial space from the owner. I own all of my inventory. I need help locating a bank or mortgage company willing to work with a self employed entrepreneur. I have a equity line of credit already with a small credit union, however, they do not offer mix-use commercial loans. Can someone out there please help to [...]
Is the bailout partially responsible for destroying my industry?
According to the nations largest commercial real estate firm, Marcus and Millichap, lenders are not liquidating distressed properties. Instead they are holding them and collecting the income until the market changes by paying management companies to run and improve the cash flow of the foreclosed businesses, shopping centers, apartments, [...]
Hedge Fund Question?
In the USA, I read on the Securities Exchange Commission Website ( SEC) that Hedge Funds do not have to register with the SEC. Are there any companies that offer a list of hedge funds for free? The reason I'm asking, is that I broker Commercial Loans. Typically, when I approach a hedge fund for financing on commercial real estate financing, I [...]
Loan Modification – Updating financial statements?
Hello and thanks for helping! I have had a hardship situation since May due to my small son carrying an infectious disease. I have had unexpected medical expenses and other related (diet, care, etc). I have never been late or missed mortgage payments. After being shut down for any options, like trying to get money out of my retirement account or [...]
How bad will the commercial real estate crisis be that starts next year?
A trillion dollar commercial real estate crisis will begin to unfold in 2010, when short term loans must be refinanced, yet commercial property values have plummeted. As many as 500 regional banks may fail as commercial loans default, and the FDIC only has 10 billion left to cover insolvent banks. Compounding this Deuthsche Bank forecasts that [...]
I’m considering going into real estate in boston, primarily focusing on rentals…?
General: what are some of the pros and cons about real estate, rentals in particular. And also I have heard commercial leasing/sales is the most lucrative. How are leasing commissions usually given in commercial loans, I know in residentials it’s usually a split of 1 months rent. Also what would you advise a newbie (I have had my re lisence for [...]
Where’s the best place to get a commercial loan?
Where is the best place for a new real estate investor to apply for commercial loans? There are many banks and online lenders offering commercial loans, so out of the thousands of options, where is the best place to start? I have read many books, but none seem to be updated with the current options the internet provides. If someone could recommend [...]
Can or should I do this, and what other things should I do?
We just refinanced 2 rental properties from commercial loans to 30yr non owner occupied loans for a better interest rate. But now the deeds are back in our names than in our LLC. We want to protect our personal assets as much as possible and have been advised by our accountant to remove my name from our personal property deed, and to do a quit [...]
