Investing In Office Buildings Commercial Loans No Upfront Fees

Winston Rowe & Associates is a national commercial finance consulting firm, specializing in office building financing with no upfront fees. 248-246-2243
 
 
Dec. 31, 2011 - PRLog -- Investing In Office Buildings Commercial Loans No Upfront Fees

Winston Rowe & Associates is a national commercial finance consulting firm, specializing in office building financing with no upfront fees. If you’re an active office building investor or considering office buildings as a future commercial real estate investment, this article details some of the financing options to be considered.

You can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at

http://www.winstonrowe.com

Financing for an office building depends on a number of different considerations that go beyond the ability of the borrower to pay back the loan. Some things that have to be considered are the loan to value and debt coverage ratio. Typically, excluding SBA financing, an office building will need a loan to cover 80-90 percent of the purchase price, with the investor putting a 10-20 percent down payment on the building. Also, the debt coverage ratio should not be less than 1.2, which would require the borrower to generate a net cash flow that is 120 percent of the debt service amount.

Other factors need to be looked at with an office building commercial loan, including how many tenants have come into the building and left in the past ten or so years, and how many tenants are currently in a lease agreement, at that moment. If most of the tenants are in their fourth year of a ten year lease, then it is possible, after looking at rollover and renewal scenarios, that the debt coverage ratio will not be enough for the borrower to pay off.

A great knowledge based online free resource for Office Building Investing is:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Location for the office building should be considered, as well as its design and workmanship. Physical factors, such as these, will affect whether businesses move into the area, and into that building. Commercial lenders will look at the market-wide statistics of the building, including whether or not there is a high vacancy rate in the community, economic vitality of the area and the development activity.

For a good quality office building, the typical interest rate varies between 6.5 percent and 7.5 percent over a ten year term with a 25-30 year amortization period. Since office buildings are so dependent on the market, local economy, location and other characteristics, it can be difficult for a borrower to secure a commercial loan in softer markets. If there is a high vacancy in the building, then financing most likely will not be approved. However, on that note, if the building has a good history of constant tenants, and is in a good location, then there is a good chance the loan will be approved by the commercial lender.

You can find more information on Office Building Loan Programs at:

http://www.winstonrowe.com/Office_Building_loan_lender.html

If you’re seeking office building financing, Winston Rowe & Associates efficient, end-to-end commercial real estate financing solutions provides commercial mortgage capital to owners of all commercial property types. With flexibility and speed of execution, they are able to offer a broad range of financing capabilities. In most cases they can close your loan within 30 days.

Winston Rowe & Associates
31408 Harper Ave
Suite 147
Saint Clair Shores MI 48082
248-246-2243

Winston Rowe & Associates has no vvldt upfront free office building 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 provides fixed and variable rate commercial mortgages for the purchase and refinance of commercial properties, nationwide with no upfront or advance fees to process or review your transaction. Contact them at 248-246-2243.

Winston Rowe & Associates has no upfront free office building 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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Source:Staff Writer
Email:***@winstonrowe.com Email Verified
Phone:248-246-2243
Zip:48082
Tags:Investing, Office Building Loans, No Upfront Fees, Business, Finance, Real Estate, Mortgage, Money, Loans, Lenders, Bank
Industry:Finance, Mortgage, Real Estate
Location:St. Clair Shores - Michigan - United States
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