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All Forum Posts by: Karen Schimpf

Karen Schimpf has started 574 posts and replied 892 times.

Post: Sowing and Reaping….Your Thoughts!

Karen SchimpfPosted
  • Lender
  • Nat'l Commercial Mtg Lender - Round Rock, TX
  • Posts 916
  • Votes 235

https://flic.kr/p/egg74u

“Don’t be deceived, God is not mocked. Whatever a man sows, that shall he also reap” Galatians 6:7

This applies to farming of course, but it also applies to our thoughts. If you think positive thoughts, if you sow positive thoughts, you will get positive results. If you sow negative thoughts, you will get negative results. Put another way, YOU ARE EXACTLY WHERE YOUR THOUGHTS HAVE LED YOU. If you don’t like the life that you are living, the situation you are in, it’s NOT somebody else’s fault. It is YOUR responsibility. If your life is one of happiness, it’s because you have thought on happy things. You can’t blame the abuse from childhood, or the ex-spouse that hurt you in the past, or the tragedy you experienced years ago.

The Bible is clear above, we reap exactly what WE sow. Your harvest in life depends entirely on the seeds that you sow. SOOOOOO, sow better seeds. Specifically, take responsibility for your thought life. Look, I know it’s tough to fight negative thoughts intruding into your head-there is so much negative around you….but you HAVE to do it if you want to change your current situation. Thoughts are seeds. If a thought is a negative thought, it will grow and affect your life negatively and if a thought is a positive thought, this positive “seed” will have a positive effect on your life. We must be diligent to guard our minds and feed ourselves positive thoughts.

You and I MUST take ownership for our lives. God gave us the ability to sow positive and reap positive but WE have to do our part. Look at the things in your life that you think negatively about and change those thoughts. You have absolute control of what you let enter your mind. I DO NOT SPEAK AS ONE WHO HAS MASTERED this, I speak as a fellow journeyman. I too can do better at this. That is one of my focuses this week. Sowing better thoughts. We can do it!!!! The results will be certain! It’s a promise in Scripture…a “law of success” so to speak. Let’s think better this week and get better results! Be blessed!

Karen Schimpf

Karen Schimpf

(512) 358-1511

[email protected]

www.ApplyCommercialLoans.com 

Give me a CALL TODAY at 512-358-1511 or get started by filling out this form!

Post: Are you Exploring Cashout Options on Your Commercial Real Estate?

Karen SchimpfPosted
  • Lender
  • Nat'l Commercial Mtg Lender - Round Rock, TX
  • Posts 916
  • Votes 235

Post: Unlocking Real Estate Opportunities with 90% Combined Loan-to-Value Financing

Karen SchimpfPosted
  • Lender
  • Nat'l Commercial Mtg Lender - Round Rock, TX
  • Posts 916
  • Votes 235

https://flic.kr/p/fKub9S

Owning Real estate has long been considered a lucrative avenue for wealth creation, but the upfront costs can be a significant barrier for many aspiring business owners and investors. Fortunately, innovative financing options are now available that can make your real estate dreams a reality. In this article, we will explore the benefits and eligibility criteria for 90% Combined Loan-to-Value (CLTV) financing, which requires only a 10% down payment, allowing you to use seller carryback for the rest.

90% CLTV Financing: A Game-Changer for Real Estate Investors and Business Owners Seeking to Own their Property.

What is 90% CLTV Financing?

Combined Loan-to-Value (CLTV) financing refers to a mortgage or loan option where you can borrow up to 90% of the property's appraised value and or purchase price while providing only a 10% down payment. This financing structure enables business owners and investors to secure properties with a significantly lower initial capital outlay compared to traditional financing methods.

Property Location Criteria:

For businesses owners and investors looking to take advantage of this financing option, it's crucial to find a property where the seller is willing to carry a 15% to 20% of the down payment called a seller carry second. You will also need to consider the location of the property. Specifically, the property should be situated in an area where the population is 25,000 or more, the crime rate is not considered high and does not have a lot of acreage. These criteria are important factors in ensuring the viability off financing .

Property Types and Eligibility:

Investment Residential, Apartment, and Mixed-Use Properties

(75% CLTV): You can apply 90% CLTV financing to these property types,

with a down payment of just 10%. For mixed-use properties, it's important

to note that the commercial component must be occupied to qualify for this

financing structure.

Office, Warehouse, and Other Commercial Properties (70%

CLTV): While the financing percentage is slightly lower for these property

types (70% CLTV), it still provides a favorable option for acquiring

commercial properties with a manageable down payment.

Occupancy Requirement:

The property must by 80% or more occupied.

Business Owner-Occupied Property Requirement:

If your business is considering purchasing a property for your business to occupy, there is an additional requirement to be aware of. The business must be in business for at least two years to qualify for 90% CLTV financing. This ensures that the business has a track record of stability and is a good candidate for owner-occupied financing.

Conclusion:

90% Combined Loan-to-Value (CLTV) financing, with only a 10% down payment requirement, offers an exciting opportunity for investors and business owners to break into the real estate market with less upfront capital. Call Karen today to discuss your property at 512-358-1511 or you can go here to get started.

Karen Schimpf

(512) 358-1511

[email protected]

www.ApplyCommercialLoans.com

Give me a CALL TODAY at 512-358-1511 or get started by filling out this form!

Post: Unlock the Cash from Your Commercial Property Fast!

Karen SchimpfPosted
  • Lender
  • Nat'l Commercial Mtg Lender - Round Rock, TX
  • Posts 916
  • Votes 235

Did you know that banks do not like cash out deals? It can be tough, but fear not, there are options available to access the equity in your commercial property.

Here’s how we can help:

1. Fast Cash with No Strings Attached: If you need cash quickly without any restrictions on its use, we offer private money options that can put cash in your hands within a couple of weeks.

2.Maximize Leverage with No Strings: Want to tap your property's equity to the max? Our cash-out programs go up to 75% LTV with no restrictions on how you use the money. We can even process these loans with just bank statements, so no need to hassle with tax returns and cash flow proof.

3. Invest in Your Business: If your goal is to reinvest the equity in your building back into your business, we have even more options for you, including 504 refinances up to 90% LTV with blended rates in the 6.8% range and a 25-year amortization period.

4.Working Capital: If your commercial real estate does not have enough equity, another solution is working capital line of credit 0% interest up to 24 months.

The best option for you depends on your unique circumstances. Give us a call for a free consultation, and we can quickly assess what’s available and even pre-approve you within 72 hours. It’s your equity, and if you want to tap it, we can make it happen.

Contact Karen at 512-358-1511 today or get started by filling out our form at
https://lnkd.in/dtCTZXi. Don’t hesitate—give us a call today at 512-358-1511 or get started now!

https://flic.kr/p/28tifSm

Post: Are you Exploring Cashout Options on Your Commercial Real Estate?

Karen SchimpfPosted
  • Lender
  • Nat'l Commercial Mtg Lender - Round Rock, TX
  • Posts 916
  • Votes 235

"Cashing out" refers to leveraging the equity in your property for financial purposes without any specific restrictions on how the funds are used.

Post: Unlock the Cash You Need from Your Commercial Property

Karen SchimpfPosted
  • Lender
  • Nat'l Commercial Mtg Lender - Round Rock, TX
  • Posts 916
  • Votes 235
https://flic.kr/p/28tifSm https://flic.kr/p/28tifSm
Commercial Capital LTD

Did you know that banks do not like cash out deals? It can be tough, but fear not, there are options available to access the equity in your commercial property.

Here’s how we can help:

  1. 1.Fast Cash with No Strings Attached: If you need cash quickly without any restrictions on its use, we offer private money options that can put cash in your hands within a couple of weeks.
  2. 2.Maximize Leverage with No Strings: Want to tap your property's equity to the max? Our cash-out programs go up to 75% LTV with no restrictions on how you use the money. We can even process these loans with just bank statements, so no need to hassle with tax returns and cash flow proof.
  3. 3. Invest in Your Business: If your goal is to reinvest the equity in your building back into your business, we have even more options for you, including 504 refinances up to 90% LTV with blended rates in the 6.8% range and a 25-year amortization period.
  4. 4.Working Capital: If your commercial real estate does not have enough equity, another solution is working capital line of credit 0% interest up to 24 months.

The best option for you depends on your unique circumstances. Give us a call for a free consultation, and we can quickly assess what’s available and even pre-approve you within 72 hours. It’s your equity, and if you want to tap it, we can make it happen.

Contact Karen at 512-358-1511 today or get started by filling out our form at www.ApplyCommercialLoans.com. Don’t hesitate—give us a call today at 512-358-1511 or get started now!

Post: Important: SBA Status and Warning about Fraudulent Activities

Karen SchimpfPosted
  • Lender
  • Nat'l Commercial Mtg Lender - Round Rock, TX
  • Posts 916
  • Votes 235


Beware Of Fraud!

Last week I got a call from someone to talk about the approval I had issued them. I didn’t recognize his name at all. He said it was a private money approval with my letterhead and address. There is no way I would not know the name of the client. I asked him to send me the approval and was SHOCKED at what I saw! It was a loan approval with MY letterhead, MY address, and some guy’s name at the bottom that I had never heard of….He lifted my logo and everything. He was using MY credibility to get upfront money and steal from people essentially.

I BEG you-BEWARE. If you get approval from Commercial Capital MAKE SURE it is really me-ESPECIALLY before sending any money. Fraud is on the rise. Whitewashing checks, fraudulent wire practices, and bogus charity cold calling are all on the rise. Be careful out there, if something sounds “off” HALT and double check, just be sure. The sad thing is, if these criminals used their minds for good instead of bad, how good could their lives be? How much success can they have?

Did SBA Shut Down?

On another note, The government shutdown didn’t happen. It would have affected SBA loans but now they can keep rolling on. I know people often say they HATE SBA loans. But that is because they are taking them to their local bank which might do 2_ SBA loans all year. Of course, the process stinks! I close 3-4 SBA loans a month and mostly with NON bank SBA lenders. I have 7 SBA loans in my pipeline and 5 of them are approved, the others are submitted or being submitted but I expect them to get approved as well. I have been batting 1000 for the last 3 months! I make the process palatable. There is a place for SBA right now with the local banks tightening. TRY ME before you give up on your dream.



Call Karen at 512-358-1511!



Karen Schimpf

(512) 358-1511

[email protected]

https://buff.ly/3yf0Y39
https://buff.ly/48Fp1Iv

Post: Important: SBA Status and Warning about Fraudulent Activities

Karen SchimpfPosted
  • Lender
  • Nat'l Commercial Mtg Lender - Round Rock, TX
  • Posts 916
  • Votes 235

Beware Of Fraud!

Last week I got a call from someone to talk about the approval I had issued them. I didn’t recognize his name at all. He said it was a private money approval with my letterhead and address. There is no way I would not know the name of the client. I asked him to send me the approval and was SHOCKED at what I saw! It was a loan approval with MY letterhead, MY address, and some guy’s name at the bottom that I had never heard of….He lifted my logo and everything. He was using MY credibility to get upfront money and steal from people essentially.

I BEG you-BEWARE. If you get approval from Commercial Capital MAKE SURE it is really me-ESPECIALLY before sending any money. Fraud is on the rise. Whitewashing checks, fraudulent wire practices, and bogus charity cold calling are all on the rise. Be careful out there, if something sounds “off” HALT and double check, just be sure. The sad thing is, if these criminals used their minds for good instead of bad, how good could their lives be? How much success can they have?

Did SBA Shut Down?

On another note, The government shutdown didn’t happen. It would have affected SBA loans but now they can keep rolling on. I know people often say they HATE SBA loans. But that is because they are taking them to their local bank which might do 2_ SBA loans all year. Of course, the process stinks! I close 3-4 SBA loans a month and mostly with NON bank SBA lenders. I have 7 SBA loans in my pipeline and 5 of them are approved, the others are submitted or being submitted but I expect them to get approved as well. I have been batting 1000 for the last 3 months! I make the process palatable. There is a place for SBA right now with the local banks tightening. TRY ME before you give up on your dream.

Call Karen at 512-358-1511 today or get started by filling out this form!

Karen Schimpf

(512) 358-1511

[email protected]

www.ApplyCommercialLoans.com

Give me a CALL TODAY at 512-358-1511 or get started by filling out this form!

https://flic.kr/p/2hCyoH5

Post: Seeking Extra Funds? We've got you covered!

Karen SchimpfPosted
  • Lender
  • Nat'l Commercial Mtg Lender - Round Rock, TX
  • Posts 916
  • Votes 235

Seeking Extra Funds? We've Got You Covered!

Banks have been reporting mixed results but even on earnings misses, one thing has not changed, Banks are flush with cash.

Yet, when you go to a bank to get cash out on your commercial property you are often met with extremely tight standards…IT IS tough to get cash out from banks on commercial properties. In some ways this is good, the kind of loose underwriting that can cause froth in a marketplace is not happening, so that is good. However, it is still equity of yours that you may be hard-pressed to tap. At least at banks, credit unions, and life companies. There ARE options to cash out your commercial property and there are multiple programs available based on your need…..

-If you need cash out fast with no strings attached to the money, meaning you use it for whatever you want, then we have private money options that can get cash on your commercial real estate in a couple of weeks.

-If you want to tap your property to max leverage and have no strings attached on how you use it but can wait 45 days for the money, we have cash-out programs up to 75% LTV with NO STRINGS attached on the money. We can even do these loans with bank statements only, so you are not messing with tax returns and proving cash flow. VERY useful in many cases

-If you really just want to tap the equity in your building to put it back in your business, there are even MORE OPTIONS open to you…..

-504 refinances up to 90% and again, with blended rates in the 6.8's % with 25 year amortization.

What is best for you will depend on your circumstance. One call in for a free consultation and we can quickly tell you what is available and even get you pre-approved within 72 hours. IT’S YOUR EQUITY, if you want to tap it-we can make it happen. Call Karen at 512-358-1511 today or get started by filling out this form!


Karen Schimpf

(512) 358-1511

[email protected]
https://buff.ly/3rx9Xf1

https://buff.ly/3yf0Y39

Give me a CALL TODAY at 512-358-1511

Post: Do You Need Cash?

Karen SchimpfPosted
  • Lender
  • Nat'l Commercial Mtg Lender - Round Rock, TX
  • Posts 916
  • Votes 235

https://flic.kr/p/8ynX

Do You Need Cash?

Banks have been reporting mixed results but even on earnings misses, one thing has not changed, Banks are flush with cash.

Yet, when you go to a bank to get cash out on your commercial property you are often met with extremely tight standards…IT IS tough to get cash out from banks on commercial properties. In some ways this is good, the kind of loose underwriting that can cause froth in a marketplace is not happening, so that is good. However, it is still equity of yours that you may be hard-pressed to tap. At least at banks, credit unions, and life companies. There ARE options to cash out your commercial property and there are multiple programs available based on your need…..

-If you need cash out fast with no strings attached to the money, meaning you use it for whatever you want, then we have private money options that can get cash on your commercial real estate in a couple of weeks.

-If you want to tap your property to max leverage and have no strings attached on how you use it but can wait 45 days for the money, we have cash-out programs up to 75% LTV with NO STRINGS attached on the money. We can even do these loans with bank statements only, so you are not messing with tax returns and proving cash flow. VERY useful in many cases

-If you really just want to tap the equity in your building to put it back in your business, there are even MORE OPTIONS open to you…..

-504 refinances up to 90% and again, with blended rates in the 6.8's % with 25 year amortization.

What is best for you will depend on your circumstance. One call in for a free consultation and we can quickly tell you what is available and even get you pre-approved within 72 hours. IT’S YOUR EQUITY, if you want to tap it-we can make it happen. Call Karen at 512-358-1511 today or get started by filling out this form!

Karen Schimpf

(512) 358-1511

[email protected]

www.ApplyCommercialLoans.com

Give me a CALL TODAY at 512-358-1511 or get started by filling out this form!