Good morning to a spooky October;
Back to Business – Commercial Investing
Stay Strong – Be of Great Courage
Take Full Advantage of Great Rates
Our troublesome recovery is stumbling along. CoVid side-effects, vaccine mandates, people quitting rather than being told they must be vaccinated, responding legal challenges. Adding to this confusion, is a serious supply chain problem from sea ports to rails, from truck drivers to labor shortages on the retail level. It will all shake out. Yet expect continued inflationary pressures, as high demand continues to outpace supply. With it will be inflationary pressures for the near term.
Where is the leadership? Who is in charge? Who is listening?
I am receiving calls from commercial property owners feeling stuck and unsure, in this challenging market. In particular, the issue of concern is cash flow. The Good News: We do have options to diversify one’s investment portfolio, by transferring commercial assets into residential properties. And more Good News, we can show you how to transfer these assets while at the same, deferring capital gains taxes. One such successful is to take full advantage of what is call the IRS approved, 1031 tax deferred exchange. Good News: This one of several such strategies. Let’t talk today.
Call with questions, as challenging times require patience and good preparation.
Call to Action: Underwriting
The Bad News:
Percentages of restaurants missing rent payments is increasing. CoVid confusion, labor shortages, supply chain issues, trucking issues, and now increasing food costs, make managing a restaurant difficult. The Challenge: For Building owners, with space designed for restaurant, it is often very expensive to convert the space to other uses. My Suggestion: Call us, we may not have answers, as to how to remodel the layout, yet we can be helpful in bringing together helpful information and financial tools, to help you move forward. Let’s start talking today.
The Good News:
We have helpful tools to begin an intelligent conversation. Our discussion will focus on options that are workable, with real-time solutions. And sharing the common goal of your success, our first priority is building a successful investment strategy for a stronger tomorrow. One tool key is increasing rents and decreasing vacancies. Herein, we bring together month-by-month rent rolls with bottom line, cash-flow statements. This brings needed clarity to the goal of a brighter tomorrow and stronger P&L’s. This is my kind of investing and one able to make the Lender smile.
But for now, look for even more “Bridge-lending” this year – and next. A “Bridge” loan
is a great option, when traditional commercial underwriting falls short. Let’s Talk Now.
SBA LENDING: Full Steam Ahead
1) SBA lending continues full steam, 2) Refinance window has re-opened, and 3) some rates on buildings, starting in the 2’s % !!
Call Today! – Don’t Delay!
Do all you can for your local Small Business
One cannot repeat this enough. WE need them.
Market News
Inflation: Much speculation as to transitory or sticky. A good dose of both is the probable outcome. Wages: Hard to dial back after setting a benchmark. Supplies: Transitory as the chain of supplies are worked out. One example is lumber. It is coming back down, as US manufacturing gains footing in production. This pattern should begin to occur, across more and more industries.
So for now, let’s not over react to unemployment numbers, inflation, or politicians.
Good News: The benefit of vaccines – States, stores, and schools re-opening. With it, States are ending the extra pandemic payout. This is needed and responsible, especially with so many new job openings. People and States will benefit.
Commercial Refinances: The impact of CoVid, weakened P&L’s. The Good News: Lenders are still lending and financing continues. Kicker: They are being more diligence in the quality and detail of the paperwork. Here is where I can help. Let’s talk. Let’s start the “prep” work today.
We know the paper work, the process, and how they think
The Good News of Great Rates – Key for Continued Sound Investing.
These low rates offer unique opportunities to: 1) Secure solid financing, 2) Modify one’s commercial investment portfolio, even an exchange to defer taxes, 3) Strengthen the balance sheet, and 4) Increase net cash.
If you are ready, then let’s get going. Let’s talk today.
In the works:
Manufacturing: Need to refinance to obtain cash for business expansion, in order to better handle increased orders? This is what we call SBA financing. It is right up their alley.
Gas Station: With the economy re-opened and receipts at pre-CoVid level is good news. It brings the opportunity to refinance out of an existing hard money loan. Great opportunity.
Good News: On-Edge Financing
Looking ahead, may I remind you we do ‘on-the-edge’ financing. This includes: Gas Stations, construction companies, and even commercial condo’s and a smattering of small apartment buildings. It is a team game. First, with lenders having an “on-going-work” approach to lending. And second, wonderful clients ready to work and meet the challenges. Add to this, our professional expertise to what you seek, and deals get closed. Let’s talk. Good things from good preparation. Call today.
Summary
As a broker: WE provide a needed ray of hope, in uncertain times. For our commercial clients: WE provide a straightforward, careful review of available lenders, with a full range of lending options. If you are ready, they are ready. Together we can make your investment dreams happen. It is an excellent pathway to success – uniting a strong, solid loan application, with interest rates unbelievably low. We are proven, with quality lenders ready to lend. Call today.
TRUST THE PROFESSIONAL
Trust the value and peace of getting your loan done – right.
Many blessings for family and friends.