Closing of the Week! Loan Amount: $1,723,000 Location: TX The Story: THE BIG NEWS WITH THIS DEAL WAS IT WAS ALL BUSINESS LOAN-NO REAL ESTATE COLLATERAL! Most banks can not go above $500,000 in “goodwill” or “air-ball” meaning unless there is hard collateral, they can not go above $500,000. MANY BANKS CAN NOT CONSIDER AN […]
What is Closing Now? – SBA Alternative Loans
https://flic.kr/p/62Ec6g A few weeks back I talked about the SBA Alternative Loans CONVENTIONALthat could go up to 85% LTV with rates in the 3’s. Well, last week I closed two of them…here are the details…$1.4 Million purchase of Retail WarehouseLocation: Atlanta Story: Super neat couple started a tee shirt business that took off after one […]
Cedar Park Commercial Property Exchange, Wed. Oct. 20th 8:30-10:00
Commercial Real Estate Professionals Please join us for our monthly Cedar Park, TX Commercial Property Exchange. We meet every third Wednesday of the month to exchange property and buyer information. Bring your flyers to upload into Zoom. Closed to Vendors. Meeting Date: Third Wednesday of Every MonthOctober 20th, 2020Â Zoom Meeting: Register in advance for […]
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