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Commercial Bridge Loans & How They Work Winston Rowe & Associates
Winston Rowe & Associates, a national no advance fee commercial bridge loan advisory and finance firm that can close a loan in 2 weeks 248-248-2243
Winston Rowe & Associates, a national no advance fee commercial bridge loan advisory and finance firm that can close a loan in 2 weeks has prepared this article to provide prospective clients with a general understanding of how bridge loans work and potential applications.
Commercial real estate investors can always speak to a principle at Winston Rowe & Associates for more information about commercial real estate bridge loans at 248-246-2243 or email them at email@example.com or check them out online at http://www.winstonrowe.com
Why Commercial Real Estate Investors Need Bridge Loans:
You have a commercial building that is providing positive income. The financing is set to run out in 2013. The Congress and the President have finally pushed us off the fiscal cliff and you realize that the balloon payment you have coming due in 2013 is going to be nearly impossible to meet. What do you do?
Banks aren’t lending, and your loan has been rejected by your current bank, you can always opt for private firms for commercial bridge loans.
Winston Rowe & Associates is there to help. They have a two week close time frame and aggressive pricing – with zero advance fees.
Opportunistic Real Estate Investing:
Winston Rowe & Associates receives many inquiries from prospective commercial real estate investors that have an opportunity to purchase a property at a deep discount. This may be at a balloon payment, auction, or a bank note or a property in bankruptcy.
Stabilizing Cash Out Bridge Loans with Takeout Financing:
Commercial real estate investors that need cash for various reasons such as; improvements, back taxes, or to acquire another commercial asset can utilize bridge loans for this purpose. Many conventional commercial mortgages do not allow for cash out.
Winston Rowe & Associates are experts with these types of transactions. They have solutions for short term bridge loans with takeout conventional financing - that can close in 2 weeks.
Bridge Loan Structures:
While you can comfortably expect to get a maximum 60% to 65% loan to value financing for your income producing commercial real estate investment through a bridge loan and 50% for vacant property or unimproved land.
The minimum loan amount for commercial bridge loans with Winston Rowe & Associates is $1,000,000 with no limit. Apart from investing in commercial real estate, these funds can also be used toward foreclosure or debtor in possession chapter 11 bankruptcy bail out, partner buyouts, rehabilitating existing properties, for discounted mortgage buybacks, etc.
What Types of Properties Can Get a Bridge Loan:
Commercial real estate investors have been turning to Winston Rowe & Associates because of their private banking approach, Midwestern values and deep understanding of the commercial real estate vertical markets.
Winston Rowe & Associates specializes in all types of commercial properties for bridge loans however; income producing apartment and multi-family buildings, shopping centers, retail strips, office buildings and industrial buildings are the favorite types.
However, they consider all commercial real estate types.
They have no upfront fee national commercial bridge loan finance programs 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