Commercial Governement Backed Loans - 06/17/09 10:36 AM
Talking About Government Loans!Regardless of political affiliation or how you feel about the government, there is one thing that is very helpful in commercial today, government-backed loans.  Because the government is backing them, money is readily available on these types of deals all day.  In past newsletters, we have explored SBA loans.  But I want to talk today about a much lesser known loan, a USDA loan. These loans can be used for owner-occupied businesses, like the SBA loan, but can also be used for INVESTOR PROPERTIES!  They can go all the way up to $10 Million – much higher than SBA.  … (0 comments)

Hard Money Tip - 06/16/09 09:16 PM
With all of the deals that I have seen recently.  I can tell people are starting to get desperate. They are starting to to take short cuts, instead of doing things the right way.  We need to have good executive summaries. They need to have some thought put into them. Here is a look at how to write an executive summary.
I am also starting to see very hold financial statements.  If you are going to submit a loan to be underwriting please don't try to pass off a year old financial statement.  All it does is cause the process to … (1 comments)

Commercial Multifamily – Acquisition / Refinance Rates at 5.25% - 06/12/09 08:51 AM
85% Loan-to-Value – Acquisition or Refinance 80% Loan-to-Value for Cash-Out Refinance 35-Year Amortization 35-Year Term (no balloon) 7.5% Seller promissory note allowed for down payment requirements  (Acquisition Only) Low, fixed interest rate, based on market spreads over the Ten-Year Treasury yield. No maximum loan amount No personal liability (non-recourse) Negotiable pre-payment terms 1:18 Minimum Debt Service Coverage This loan is always assumable Third-party expenses and loan costs are financeable.  Rates and Terms determined by LTV, credit,
property type and other conditions. This is limited
information and meant for general reference purposes.
Contact us for detailed information or a specific quote on
… (0 comments)

Merchant Cash Advance Program - 06/12/09 08:44 AM
In-Vision Financial Holdings merchant cash advance program gives clients the opportunity to get the money they need to improve their business.
 
·         We Provide Commercial Clients With An Alternative
·         Ideal for any business that accepts credit cards
·         Low Documentation
·         Approval and Funding Within 7-10 days
·         Over 90% of Applications Approved
 
____________________________________________________________________________
We have Money to lend!!! We are in all 50 States and provide Great Service, are Honest and Show Professionalism.
The above information regarding Commercial Lending was provided by Christopher Hills, the Senior Vice President for In-Vision Financial Holdings, LLC. Chris can be reached … (0 comments)

Hard Money Commercial!!! - 06/12/09 08:17 AM
                                       
We are starting to close a lot of these loans but I still see a lot of people trying to do loans that make no sense.  You need to understand these deals.  Hard money does not mean stupid money.  THEY ARE NOT FOR LOW CREDIT SCORE PEOPLE.  That is one MAJOR difference between commercial hard money and residential hard money.  Remember, 50% of all deals in commercial are not fundable. 
 
The private hard money lenders, the guys who really have the bucks to lend $5 Million and close in 2 weeks, are not dumb individuals.  Their goal is NOT … (0 comments)