Commercial real estate (CRE) is an attractive investment for investors for many reasons, but the tax benefits are a significant draw. Over the course of the life of an investment, these tangible benefits can lead to a substantial difference in returns.
Understanding the tax benefits associated with CRE is a tall order, but if you’re considering an investment, here are eight top … Read More
The closing costs on a commercial investment property are can become substantial, often reaching tens of thousands. If you’re purchasing an investment property, here’s a breakdown of the various commercial property closing costs you can expect.
Flat-Fee Commercial Property Closing Costs
The simplest commercial real estate closing costs are flat-fee expenses that remain relatively standard across all investment properties. These include title … Read More
A personal financial statement is often among the required documentation when applying for a business loan. Even though business loans are distinct from personal loans, lenders might want to see the borrower’s personal financial situation for a variety of reasons. If you’re applying for a business loan soon, here’s an explanation of what this document is and how to go about making a personal … Read More
Retail in Phoenix, Arizona
CommLoan was approached by an experienced commercial real estate developer looking to obtain a refinance loan on a 2-unit retail property in Phoenix, Arizona. The borrower has developed over 500,000 square feet of office buildings.
CommLoan facilitated the refinance of the retail property by keeping the Lender’s focus on … Read More
One of the first steps in applying for a commercial mortgage loan is creating a Schedule Of Real Estate Form. Learn all about it and access a free excel template.
Step-Down, Fixed Fee, Yield Maintenance, or Defeasance. The most common form of prepayment penalties. This guide will teach you the difference.
Single Family Home Portfolio in Arizona and California
CommLoan was approached by a borrower that has a $5.3M portfolio a duplex, three 4-plex, 10-unit, 11-unit, and a single-family rental. The borrower had been working with another lender for many months with no progress on the cash-out refinance loan.
CommLoan was able to secure and close the $3.25M loan in less than 55 … Read More
Did you know that Freddie Mac’s total mortgage portfolio grew at a 22.4% annualized rate in December 2020? If you’re a commercial real estate investor, then you might be interested in how you can use Freddie Mac Multifamily Loan products to find a loan for your acquisition or refinance. You might also be asking yourself questions such as:
What … Read More
One of the biggest areas of focus for people investing in commercial real estate is how to handle the tax implications. If investors aren’t well-versed in how to legally reduce their tax burden, they could end up paying much more than they have to. That would make their great investment a reasonable one, at best. At worst, it could mean their investment would … Read More
Office Condo in Lake Forest, California
CommLoan was approached by an investor that was two weeks into escrow on an acquisition of an office condo. Despite their existing relationship, their bank had re-traded them from 70% LTV to 60% LTV.
CommLoan was able to get the deal back on track for the original contract due diligence … Read More