walker commercial funding: The Money is Starting to Flow Again....finally... - 08/08/10 06:14 PM
Last week was a great week for us. We are starting to see money flow again. Oddly enough, most of the investors are not US based. We are seeing positive activity from investors in Europe, Russia and China. We even got three casinos approved at 100% LTC. Of course, not all projects will be as profitable as casinos, but the great news is we are starting to see the cash flow again. If you are frustrated with not being funded for the last 2 years...please give use a call at 281-764-1605 or brian@walkercf.com. We look forward to sharing the prosperity with … (1 comments)
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walker commercial funding: Don't Believe the Mass Media Congomerate.....get real news from here.... - 07/22/10 05:17 PM
It disgusts me to hear what spews from the mass media conglomerate's news.....if you want to know what is really going on...try these news sources:
http://finance.yahoo.com
http://online.wsj.com/home-pagewww.cnbc.com
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walker commercial funding: How to Save Money on Your Commercial Real Estate Appraisal - 07/21/10 09:14 PM
In the recent past, nearly 70% of all commercial appraisals were ordered by the banks that were going to fund the project. Now that banks are absent from the performing funding space, many developers are left with the responsibility of ordering an appraisal. Unfortunately, many of the appraisals they order and submit are simply unacceptable to 90% of our funding sources.
As a rule of thumb, if you don't have an appraisal, don't order one. Let the funder that has an interest in your project suggest one that you use. Otherwise, if you want to order your own appraisal, there are … (1 comments)
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walker commercial funding: What makes a commercial real estate project "weak or strong" - 05/31/10 03:38 AM
Weak projects, no matter how great they appear, can turn a funder off if any of the following conditions are present:
1. The project has a funding deadline - a funder would rather take a project that will work if they have to wait for funding. Funders frown on projects that have a deadline. For example, "If I'm not funded in 5 weeks, I'll lose the property." We as intermediaries would never accept a project like this when there are hundreds more that won't be calling us every day and giving us guilt trips for their project not being funded.
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walker commercial funding: Fantastic Analogy Describing How Derivatives Work(ed) and Impact YOU - 05/07/10 02:53 AM
A client sent this to me...something circulating around the internet. Please read...it is a perfect analogy...... Heidi is the proprietor of a bar in Detroit. She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar. To solve this problem, she comes up with a new marketing plan that allows her customers to drink now, but pay later. She keeps track of the drinks consumed in a ledger (thereby granting the customers loans). Word gets around about Heidi's "drink now, pay later" marketing strategy and, as a result, increasing … (1 comments)
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walker commercial funding: Developers get dumped for being pushy, demanding and rude...No Funding! - 03/07/10 06:16 PM
As many of you know, Walker Commercial Funding works exclusively within the private funding world. All of our projects are funded by private sources and have been since 2006. Unfortunately, some developers still believe they live in the financial world of 2006. To get results, they could put some heat on their funders and threaten to stop banking with them or any other sorts of threats. Obviously it was effective, otherwise they wouldn’t have developed that behavior In present times, the private and evasive sleeping giant is meeting old school "this is how my bank did it for 30 years" developers.I regret … (2 comments)
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walker commercial funding: Joint Venture Success and What to Expect - 02/27/10 02:13 PM
Welcome to 2010, the defacto year of Joint Venture (JV) financing. Institutional financing is not available so developers are looking outside the box to fund their projects. The most common form of favorable financing is JV. This financing comes in more shapes, sizes, and terms than colors of the rainbow. There are, however, a few common things that all JV funders look for, regardless of the project, location or dollar amount. The purpose of this article is to share with you what these common denominators are and how you should present your project to get the most favorable terms.
Let's look … (0 comments)
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walker commercial funding: What your JV partner wants to see... - 01/10/10 05:01 AM
I'm sure I'll be speaking with you soon enough if you have a Joint Venture candidate. As always, I'm going to tell you like it is. What is important to your/our JV partner is as follows:
1. Lots of muscle and experience in managament. If you don't have it, you need to be prepared to hire it.
2. Integrity, honesty, fairness. Show your greedly little sharkfin and they'l run from you. Becsudse you just met the opportunity of your life, be respectful and grateful. You will be given a tremendous amount of autonomy and they don't want to be taken advantage … (0 comments)
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walker commercial funding: Excellent Joint venture Opportunities for International Developers - 01/07/10 11:12 PM
We are looking for developers with great international projects above the 100M USD range. All projectst will be considered but we prefer those with a humanitarian benefit and impact. Ask for Brian at 281-852-9422 or email me at brian@walkercf.com skype: brian.walker7
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walker commercial funding: Merry Christmas....the grinch doesn't live all year long! Walker Commercial Funding wishes you a Merry Christmas - 12/21/09 01:00 AM
Whoooooaaaa....everybody loves Christmas ....unless you are in a hurry.
My advice is to relax. Private money goes to sleep shortly before thanksgiving and comes back to life in the first working week of January. So....don't get all huffy and puffy...it's just that no one is*******just to tease you, we do work with several clients who have not met the "bankable loan" and got them financed. Please avoid the rookies and ask the right questions
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walker commercial funding: Understanding the difference between PRIVATE funding and INSTITUTIONAL funding.... - 04/26/09 01:35 PM
Banking as we once knew it is gone for a very long time. In fact, very few institutional banks funded large commercial projects in 2008. I have substantial visibility into the market and the only institutional activity I saw was banks calling their notes due immediately. Banks were forced to do this because of their own liquidity issues and many developers were left with no funds and the project(s) came to a screeching halt.
"Joe Developer" then knocked on every bank's door only to find the same answer: "sorry, we are not lending right now."
Since the death of institutional banking, … (2 comments)
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walker commercial funding: The truth about appraisers and their role in your commercial transaction - 04/15/09 12:21 AM
In the recent past, nearly 70% of all commercial appraisals were ordered by the banks that were going to fund the project. Now that banks are absent from the performing funding space, many developers are left with the responsibility of ordering an appraisal. Unfortunately, many of the appraisals they order and submit are simply unacceptable to 90% of our funding sources.
As a rule of thumb, if you don't have an appraisal, don't order one. Let the funder that has an interest in your project suggest one that you use. Otherwise, if you want to order your own appraisal, there are … (0 comments)
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walker commercial funding: Do You Have.....Solar, Wind or Low Income Housing Tax Credits? - 04/13/09 12:54 AM
If you do, we need to talk. There's a very high probability of Walker Commercial Funding being able to fund your project if you do. Please call Brian Walker at 281-852-8298 or email me brian@walkercf.com.
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walker commercial funding: What is a correspondent lender? - 03/31/09 11:36 PM
Many people ask me, is Walker Commercial Funding a direct lender or a broker? That's a tricky question...in most situations, Walker Commercial Funding is a "correspondent lender." So, what does that mean? That means we don't actually lend the money, but we do a lot more than a broker. A broker merely submits the file.
A correspondent lender does all of the activity a lender would do with exception of a) providing the funds to close and b) issuing the final approval.
At Walker Commercial Funding, we completely underwrite the file to the funder's specifications and deliver what appears to be … (2 comments)
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walker commercial funding: Great News for International Projects! Walker Commercial Funding is Funding in Mexico! - 03/28/09 03:27 PM
Hey Folks, the ice has finally thawed for funding Mexican projects. I'm very pleased to announce that we will be closing 3 three mexican transactions (one land and two resort projects) on Monday and Tuesday of this week. No, these are not miracle closings. They are just "make sense" deals that should have been funded a year ago when the market just completely locked up.
The good news, however is that funding is happening again..at low LTVs. These projects all have 65% LTC or less, but we can now honestly say that the international funding windows are now open again!
Walker … (2 comments)
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walker commercial funding: REFI for properties worth 10M or more and 5M in equity. No Credit Check - 03/23/09 04:12 PM
No Credit Check
No DSCR (it doesn't have to cash flow)
5% interest rate fixed for 3 years
3 Year balloon and no payments for three years.
Call Brian at 281-852-8298 for more info.
wwww.walkercf.com
Walker Commercial Funding funds projects world-wide. But this program is presently restricted to the US. Brian Walker with Walker Commercial Funding can be reached at brian@walkercf.com
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walker commercial funding: New Commercial Refi Program for Properties over 10M with at least 5M in Equity - 03/19/09 09:28 PM
COMMERICAL LOAN OFFER
WE ARE PRESENTING LOANS TO AVAIL AN ALTERNATIVE MEANS TO THE REFINANCE OF COMMERCIAL PROPERTY IN THE USA The Commercial Lender / Operator that we introduce will refinance your Commercial Property in the United States (mainland) using the following formula;50% of the Appraised Value- any/all Debts against the Property= EquityX Multiple of up to 10 Wherein, if the Appraised Value of the Property is USD $ 20 Million and fifty percent (50%) of that Value is USD $ 10 Million and assuming there is an unpaid Mortgage on said Property of USD $ 4 Million, then … (0 comments)
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walker commercial funding: The Truth About 100% Financing in Today's Market - 03/18/09 10:27 PM
Here's the reality about getting 100% financing for commercial projects in 2009. At Walker Commercial Funding, we always tell the truth. The good truth or the bad truth, but it is the truth. So, with that being said, here is the truth about the 100% financing that is currently available:
1. You could get a joint venture partner, but you must have a very attractive project. Please read this article for a more clear definition of what is available in the JV world and what JV/Venture capital is requiring to take on your project. Read This Article
2. You can nearly … (0 comments)
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walker commercial funding: Rules of the Road for Land Financing in 2009 - 03/14/09 10:41 PM
For the last two years, I have seen flyers and rate sheets cross my desk that had a funder's matrix of loans and rates. At the bottom of the sheet in large, bold, red letters I would read, "No Raw Land Submissions." This simply meant that funders were not funding land transactions under any circumstances. No cash-out refinances, no purchases....they just had no appetite for land transactions. Fortunately, we have seen a change in the recent weeks and funders have opened their doors again to funding land transactions. Funding them is good news. The terms, however, are very narrow and specific. … (0 comments)
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walker commercial funding: Project funding for projects in Algeria, Egypt and Saudi Arabia - 03/11/09 08:27 PM
Hey folks! Traditionally, these geographic locations haven't exactly been funding hotspots, but we now have access to private investors that have interest in funding these locations exclusively...they prefer manufacturing type projects or something more toward the industrial side...if you have any of these projects, please feel free to contact me at brian@walkercf.com or 281-852-8298.
Thanks,
Brian
www.walkercf.com
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