All Forum Posts by: Karen Schimpf

📰 What's Closing Now: Stay updated on the latest developments in commercial lending with our newsletter. From notable deals to industry trends, we bring you insightful analysis and highlights of what's happening in the world of commercial loans. Dive deeper into this edition to discover the latest closures and insights shaping the market.

🔗 Read the full article: https://applycommercialloans.com/whats-closing-now-3/

📰 What's Closing Now: Stay updated on the latest developments in commercial lending with our newsletter. From notable deals to industry trends, we bring you insightful analysis and highlights of what's happening in the world of commercial loans. Dive deeper into this edition to discover the latest closures and insights shaping the market.

Simon and Garfunkel's "The Sounds of Silence," written 60 years ago, echoes our modern communication challenges. In a time of surface-level interactions and fear-driven silence, the song's message urges urgent change.

As we approach a pivotal election, the reluctance to engage deepens societal divides. But avoiding conflict only allows it to fester. Let's prioritize genuine dialogue and listening for true understanding and progress.

Full article: The Sounds Of Silence…

Contact: Karen Schimpf Commercial Capital, Ltd. O: 512-358-1511 E: [email protected] LinkedIn: www.linkedin.com/in/karenschimpf/ Blog: bizloansconnections.com Website: applycommercialloans.com

P.S. We offer private funding options starting from $100,000 and are experts in SBA loans. Facing challenges with your deal? Reach out. We might just have the solution you need. Call us at 512-354-5949 or click here to get started.

                                                                                                                                                                                             https://flic.kr/p/PmNUGY

In the realm of real estate financing, hard money loans stand as a unique solution for investors seeking quick access to capital. Unlike traditional bank loans, these loans are collateral-backed and cater to a specific niche within the real estate market. Here, we delve into what hard money loans are, how they work, who provides them, and what criteria borrowers typically need to meet.

Why Hard Money Loan?

A hard money loan is a type of short-term financing typically used by real estate investors for purchasing, renovating, or refinancing properties. Unlike conventional loans that are based on the borrower’s creditworthiness and income, hard money loans are secured by the value of the property itself. The loan amount is determined based on the estimated value of the property after any proposed repairs or renovations are completed.

How Hard Money Loans Work

Hard money loans usually have a shorter term compared to traditional loans, typically ranging from six to twelve months, although longer terms can sometimes be arranged. During this period, the borrower makes monthly payments to the lender, often consisting of interest-only payments. The loan is repaid either through the sale of the property or by refinancing with a more traditional mortgage.

Commercial Capital LTD Lends Hard Money

Hard money lenders, such as our company, specialize in providing these types of loans. They fill a gap in the market by offering quick access to capital for real estate investors who may not qualify for traditional financing or need funds more rapidly than traditional lenders can provide.

Our Hard Money Loan Criteria

At our company, we pride ourselves on offering flexible hard money loan options. Our criteria include:

• No FICO score restrictions
• Up to 90% to 100% Combined Loan-to-Value (CLTV) financing
• Acceptance of rural
• Bankruptcy bailouts are acceptable
• Utilization of borrower-provided appraisals
• No restrictions on property types
• Borrowers must show they have enough capital to complete the deal
• Prior real estate experience adds strengthens to the deal

Requirements for a Hard Money Loan

While hard money lenders are typically less concerned with a borrower’s credit score, they do scrutinize the property being purchased and the borrower’s plans for increasing its value. Additionally, borrowers must demonstrate sufficient capital to successfully complete the deal, and prior real estate experience is often considered advantageous.

Hard money loans serve as a vital tool in the real estate investor’s toolkit, offering quick access to capital for property purchases, renovations, and refinancing. Our rates can start in the 9's. Hard money loans provide a valuable solution for investors looking to capitalize on real estate opportunities quickly and efficiently.

Give us a call today to discuss your commercial finance needs 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!

P.S.- Unlock the potential of your business with SBA loans - tailored financial solutions designed to fuel growth and empower entrepreneurs. Let's navigate the world of SBA loans together, ensuring your business thrives with the right support and expertise at your side.

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Nestled within the vibrant cityscape of Austin, Texas, a warehouse proprietor encountered a significant challenge in their pursuit of financial stability. The owner's aspirations to refinance their property for $3 million, which encompassed an undesirable $1 million in cash out, were met with resistance from traditional banking institutions. However, undeterred by this initial setback, the owner embarked on a journey to explore alternative financing options, ultimately finding solace in the realm of hard money refinancing through the esteemed expertise of Commercial Capital LTD.

In a tale of perseverance and adaptability, Commercial Capital LTD swiftly emerged as a beacon of hope for the warehouse owner. Within a remarkably short span of time, the financial wizards at Commercial Capital LTD orchestrated a feat that seemed unattainable—a $3 million cash-out refinance loan, meticulously tailored to the owner's unique circumstances. Delivered at an enviable 9.99% interest rate, this financial solution not only alleviated the burden of the existing loan but also unlocked newfound opportunities for property enhancement and expansion.

The introduction of interest-only payments added an extra layer of flexibility to the financial arrangement, providing the owner with a breathing space to channel resources into strategic property upgrades while simultaneously bolstering liquidity. This innovative approach not only met the immediate needs of the proprietor but also laid the foundation for long-term financial prosperity and growth.

Indeed, the collaboration between the warehouse owner and Commercial Capital LTD serves as a testament to the transformative power of hard money lending. By embracing a dynamic and solution-oriented mindset, both parties navigated through the complexities of the financial landscape, emerging victorious against all odds.

As the sun sets over the iconic skyline of Austin, Texas, this success story stands as a shining example of resilience, innovation, and the unwavering pursuit of excellence. Through strategic partnerships and a commitment to excellence, opportunities once deemed unattainable become within reach, propelling individuals and businesses towards a brighter and more prosperous future.

Give us a call today to discuss your commercial finance needs 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!

P.S. Have you considered hard money loans? These loans offer rapid financing secured by real estate, making them a popular choice among investors due to their flexibility. Whether you're in the market for apartments, Airbnb properties, restaurants, or other ventures, hard money loans could be the solution you've been searching for.

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Are you a business owner who also owns the property housing your business? If so, this could be a game-changing opportunity for you—especially if you currently have an adjustable SBA 7A loan.

Consider this scenario: Your property is valued at $2 million, with a remaining loan balance of $1.2 million. With an interest rate of prime plus 2.5% (11%) on your SBA 7A loan, you're making monthly payments of $11,761. But what if I told you there's a way to potentially save over $3,200 every month?

By refinancing your loan to a fixed blended SBA rate of approximately 7%, you could significantly reduce your monthly payment to $11,308. That's a substantial saving of over $3,000 per month!

But wait, there's more. You can further optimize this opportunity by leveraging your equity for eligible business expenses (EBE). With the potential to cash out up to 85% of your property's appraised value for EBE, you could access funds for various operational needs such as salaries, rent, utilities, and even business credit card debt. In our example, that's up to $400,000 available for immediate use.

Picture this: You refinance your loan for $1.6 million, secure a blended rate of around 7%, and simultaneously pull out $400,000 in cash—all while lowering your monthly payment. It's like obtaining free money for your business!

Whether you're looking to maximize savings or access additional funds for your business, this opportunity offers immense potential. Act now to explore how you can benefit from SBA loan refinancing and unlock newfound financial flexibility for your business.

To find out if refinancing is right for you, GIVE ME A CALL TODAY at 512-354-5949 or go here to start https://www.applycommercialloans.com/. We will run the numbers, see if it is eligible, let you know your savings, and discuss if it is worth doing. Just one call or e-mail and we will help you figure it out of course, a free consultation. Give me a call today!

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!

P.S. Have you considered hard money loans? These loans offer rapid financing secured by real estate, making them a popular choice among investors due to their flexibility. Whether you're in the market for apartments, Airbnb properties, restaurants, or other ventures, hard money loans could be the solution you've been searching for.

The article discusses the potential benefits of SBA 504 refinancing for business owners who own the property their business operates in. It highlights a scenario where refinancing can lead to significant monthly savings, especially for those with adjustable SBA 7A loans. By refinancing, businesses can secure a fixed blended SBA rate, potentially saving thousands of dollars each month. Additionally, the article mentions the option of borrowing for eligible business expenses (EBE), allowing businesses to access cash for operating expenses while still lowering their monthly payments. Karen Schimpf, offers a consultation to help determine if refinancing is the right choice for individual businesses. To read the whole article, visit: https://applycommercialloans.com/i-forgot-all-about-this/ 

Karen Schimpf 

Commercial Capital, Ltd.

O: 512-358-1511

E: [email protected]

www.linkedin.com/in/karenschimpf/ 

blog: http://bizloansconnections.com/ 

website: http://applycommercialloans.com 

P.S. Our hard money loans cater to both owner-occupied properties and investors seeking cash-out scenarios or purchases. We accommodate various property types, including Airbnb rentals, restaurants, apartments, retail spaces, single-tenant units, and more.

Unlock the secrets of SBA Equity Injection for Partner Buyout in this concise video, demystifying complex financial maneuvers with clarity and insight. Gain the knowledge needed to navigate the intricacies of equity injection strategies for successful business transitions.

Karen Schimpf

Commercial Capital, Ltd.

O: 512-358-1511

E: karen at ApplyCommercialLoans.com

www.linkedin.com/in/karenschimpf/

blog: http://bizloansconnections.com/

website: http://applycommercialloans.com

P.S. Our hard money loans cater to both owner-occupied properties and investors seeking cash-out scenarios or purchases. We accommodate various property types, including Airbnb rentals, restaurants, apartments, retail spaces, single-tenant units, and more.

Discover Michael's journey to cafe ownership in Austin. Overcoming financing hurdles, he secured the buyout with just a 5% equity injection. A tale of resilience and dreams fulfilled. #SBASuccess #CafeBuyout Call Karen today at 512-358-1511