Self Storage Financing via SBA SBA self storage loans minimum requirements: 10% down payment (which can be borrowed) Good credit (ideally mid 600's or better) Solid "regular" job or consistent source of income Some type of experience … [Continue reading] about SBA Self Storage Loans
Hard Money Loans
Hard Money Loans Hard money lending became a big deal as a result of the Great Recession and it continues to play a major role in commercial and investment property financing. The recession caused a multitude of issues in the world of … [Continue reading] about Hard Money Loans
Stated Income Loans
Stated Income Loans - A little history There was a time when stated income loans actually served a purpose other than lining the pockets of the Wall St elite while our economy went down in flames. In fact, stated income loans have actually … [Continue reading] about Stated Income Loans
Stated Income Commercial Loans
Stated Income Loans for Commercial Owner User and Investment Properties Yes, it's true, "stated income loans" with lower than hard money rates and much lower fees are available for the following property types: 1 to 4 family properties up to … [Continue reading] about Stated Income Commercial Loans
SBA Loan Rates
SBA Loan Rate Information Loan rates for the 2 largest SBA programs - the 7a and the 504 - are quite a bit different from one another because the programs themselves are quite dissimilar. The programs are similar in that they can be used for … [Continue reading] about SBA Loan Rates
SBA Loans for Independent Insurance Agents
SBA Loan For Independent Insurance Agents SBA loans are available for Independent Insurance Agents and can be used for the following: Refinance a 2 year old seller note. Purchase or refinance agency occupied real estate. Purchase another … [Continue reading] about SBA Loans for Independent Insurance Agents
SBA Loans: Do You Need A GPS?
I think we all enjoy helping other people. Think about it. If you have expertise about something and someone asks you for help in understanding that certain something it feels good to be able to help them. It is human nature. It is how we are … [Continue reading] about SBA Loans: Do You Need A GPS?
Motel Financing
SBA Motel Financing For the past few years motels have been tougher to finance than hotels. Up until recently, all but the strongest hotel loans were being approved and motels - unless they were in resort areas and had some very strong borrowers … [Continue reading] about Motel Financing
Colorado Hard Money Lender With Low Rates and Points
Colorado Hard Money Lenders Every once in a while I run across really good deals somewhere in the U.S. and I recently ran across a very reasonable, credible, hard money lender in Colorado who does not charge exhorbitant rates and fees. Quite … [Continue reading] about Colorado Hard Money Lender With Low Rates and Points