PRLog - March 24, 2012 - ST. CLAIR SHORES, Mich. -- Continuing Credit Crunch Has Real Estate Investors Turning To Private Money
Commercial real estate investors are less optimistic in 2012 than they were a year ago on the issue of whether the credit crunch in commercial real estate will ease over the next 12 months. The retail banking industry and the Obama Administration has put out a tremendous amount of PR concerning an improving banking climate however the reality is that the national economy is not improving for commercial real estate and banks are not standing by ready to lend.
More and more real estate investors are discovering the private money industry which has its advantages.
When borrowers apply for a private money loan, the application process is going to be quite a bit different than what you are used to with a bank. You will have to fill out an intake form with basic information about you and your business. Often the most important criteria for the loan, is the condition of the property that you are buying. If you are buying a piece of commercial property, the private money lender will want to know everything about it.
However, they use their own criteria when deciding whether or not to invest in your project. They may or may not use all of the financial ratios that typical lenders use. The approval process is usually very quick. You often do not have to go through multiple layers of the business to get approval. The lender decides individually if they want to give you the loan.
Savvy investors have been turning to Winston Rowe & Associates for their private money solutions because they have a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.
Winston Rowe & Associates has an excellent knowledge based investor resource for commercial real estate valuation and market analysis located at:
Winston Rowe & Associates has a core focus on building long-term relationships, delivering exceptional and individualized customer service, and positioning loan products that best achieve their client’s goals. Their preemptive problem-solving approach is perfect for clients with credit and time sensitive issues.
Winston Rowe & Associates
31408 Harper Ave
Saint Clair Shores MI 48082
Winston Rowe & Associates has no upfront free private commercial loans in the following states.
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia, Wisconsin, Wyoming
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Winston Rowe & Associates is a nation wide commercial real estate consulting firm that does not charge upfront fees for commercial loans.