Getting Creative with Financing
Types of creative financing: Joint venture partnerships Private lending Seller financing Home equity line of credit Hard money loan Lease option Deferred mortgage payments An unsecured line of credit Land contract Blanket/wrap mortgage Self-directed funds Balloon payment Contracts for deeds Syndicate mortgage Interest-only payment Credit cards Are there more? Of course! These are some of […]
Corporations and Credit
Doing this business with corporations has some huge advantages such as: Increased personal liability protection. Increased corporate liability protection. Decrease your income taxes. Increase your legal and legitimate business expenses and write-offs. An old saying is, “it’s not how much money you make. It’s how much money you keep.” Doing business with a proper […]
Commercial Investment Opportunities
Office and warehousing can be a powerful combination. 10-30% of the building is designated as commercial or office space, and you can offer this to attract a diverse tenant. Office and service combination, 20-60% of the building is designated as an office and service area. With this, it is best to avoid a manufacturing base […]
Types and Benefits of Commercial Leases
Types of commercial leases are: Net Lease Net, Net Lease Triple Net or NNN Absolute Net Lease. The tenant progressively pays more and more towards the building with these leases, including Common Area Maintenance (CAM) charges, insurance, property taxes, and event capital repairs. You may be questioning why any tenant would pay so much. With […]
Why Invest in Commercial Real Estate?
Examples of commercial real estate are: Office buildings Retail Warehouses Apartment buildings Industrial Mobile Home Park Creative financing options are more available in the commercial market than residential. Commercial lenders are very familiar with seller financing and other creative terms. Typically, commercial sellers have more experience in real estate transactions and could be more open […]
Financing Options for MHPs
Finance companies may be another source – including credit cards to take a cash advance against the card. Make sure your numbers show you can profit after considering the cards’ finance costs and monthly payments. Another source – the seller – may be an option, depending on the seller’s circumstances. Below we will explore a […]
Creative Finance Strategies Part 2
More Creative Finance Strategies…by Steve Hipple Syndicate mortgage could be considered ‘next level’ investing and combines multiple lenders on one property and mortgage. Syndicate mortgages are powerful and allow lenders with smaller amounts available to join other lenders for the common goal of acquiring an asset. Lenders are typically silent partners, so no control over […]