A distressed commercial property can demand a sizable investment of time and money. But if you can purchase the property for way below the possible future value, there is a potential for a great investment opportunity. If you are considering rehabbing a distressed property, here are some tips to help you through the process.
Refinancing a commercial loan can be a great opportunity for real estate investors to secure a better rate and more favorable terms, avoid balloon payments, and even access equity that they have built up in their property. But the executing a refinance can be stressful – especially if you have never been through the process before. Here are a few tips to help you stay confident as you refinance your commercial investment property.
Mixed-use properties are buildings that functionally and physically integrate a variety of different spaces, including residential and commercial. They can also include entertainment and even cultural spaces.
These types of properties are most common in urban areas where space is at a premium, and because there are so many opportunities for rental potential, mixed-use real estate is becoming increasingly popular among investors. However, there are some common mistakes people make when investing in these types of properties. Today we’re going to talk about what they are and how to avoid them.
There are many reasons why real estate is a sound investment approach, but in order to maximize your income potential and avoid losses, you’ll need to keep your property occupied with tenants. The good news is that there are plenty of ways you can market your investment property to. Here are three of the most successful tactics property owners can use to attract potential tenants.
So you’re an experienced investor of residential homes and you’re now interested in investing in your first commercial property. The process shouldn’t be any different, right?
Wrong. The process for securing a commercial mortgage loan differs from that of a residential loan in several significant ways. Investors who are new the commercial arena should take some time to familiarize themselves with these differences so they can feel more confident when it comes time to reach out to potential lender partners.
Anybody who wants to be involved with commercial real estate, whether you're an owner, an investor, or a small business owner, should have some basic knowledge about commercial lending and investing. There is a lot to know about this field, and the more information you have, the better equipped you'll be to find suitable properties, negotiate the best rates, and advocate for yourself when you need a commercial mortgage or loan. Fortunately, the internet is filled with great resources for commercial real estate education, and today we’ll tell you about a few of the best ones that you can rely on to gain a solid foundation for understanding commercial real estate investments.
It's a fact: investors seeking commercial mortgage financing are not always successful. Sometimes, investors are simply unable to secure a loan. Other times, borrowers end up burdened by a solution that does not truly meet their needs. The good news is that you can learn from the errors others make. Here are some of the most common mistakes and smart tips for avoiding them as you apply for your commercial loan.
The role of the landlord is varied, and the responsibilities placed on you could affect your life, your livelihood, and the lives and businesses of others. Some of the most important secrets to being successful include having measures in place to protect yourself, being able to choose tenants wisely, and knowing and following through with your duties. With that in mind, here are five great tips you can use to be successful at managing a duplex or multifamily unit as a landlord.
While you may be familiar with the residential appraisal process if you’ve ever purchased a home, appraising a commercial property is quite different. If you're considering commercial real estate investing, then being prepared is an important step in the journey, and today you'll learn all about how commercial and residential appraisals differ.
Investment decisions require a great deal of thought and preparation, and investing in a multifamily property is no different. But if you're new to real estate investing, it can be difficult to gauge whether or not you're ready to make the leap.
However, there a few key characteristics that successful multifamily investors have in common. Check yourself against the following indicators to see if you’re ready to investment in a multifamily property.
There's a great deal of misinformation out there about real estate and investments, including a number of commercial real estate myths that can lead to bad decisions. In order to set the record straight on a few of these points, we’ve compiled a list of three top myths circulating out there, as well as the accurate information you need to make sound decisions about your investments.
Commercial real estate financing is doing booming business right now, and one of the reasons for this is that investors all over the country are turning their sites to commercial property investments. Here are a few reasons why investors are excited about commercial investment opportunities in 2018.
There are many ways that refinancing your commercial mortgage could save you money and even free up some capital. Because of today’s low interest rates, you could get a new mortgage with a lower rate and save on interest over the next few years. Here are 5 top reasons why real estate investors are refinancing their commercial investment property this year.
Saving money when you buy a commercial property is always a bonus, especially if you can find a way to save in the long-term, such as by negotiating a lower interest rate. In fact, securing a commercial mortgage with an interest rate that’s even just slightly lower could save you thousands of dollars over the course of the loan. With that in mind, let’s talk about a lesser-known option for a lower interest rate: the loan buy down.
Buying your first multifamily property is an exciting prospect, but it’s important to walk into the process with a great deal of information before you dive into a purchase. This includes knowing what you want and having a plan, understanding the importance of location, being able to see the rental potential of a property, and knowing how to protect yourself from bad decisions.
Depending on your needs, a property manager can be responsible for anything from keeping tenants happy to addressing maintenance to ensuring sustainable revenue while also keeping costs down, and much more. As such, finding the right property manager is a decision that requires great weight. Here are a few important considerations to keep in mind when hiring a property manager.
The point of a residential or commercial cash-out refinance is to refinance your mortgage while also taking out a cash loan against the equity you have in the property, and this can help investors to achieve a number of goals. Today we’re going to talk about different cash-out scenarios and discuss how you can determine when the time is right for you to take advantage of this financing option.
You put a great deal of time, thought, and effort into your commercial mortgage application, and there's nothing more devastating than getting that rejection notice saying your loan was denied. Although it might be tempting to throw in the towel and give up, a better approach is to alter your application strategy and try again. Here are three reliable steps you should take right now if a traditional lender has denied your request for an investment property loan.
Sometimes commercial real estate investors and owners make the mistake of thinking that a traditional bank is the only option when it comes to a commercial lender for their commercial mortgages. But the truth is that non-bank lenders are a viable, reliable, and often superior alternative to banks because they can offer less stringent approval requirements, increased flexibility, and more personalized service. If you're in the market for investment property loans and are looking for options, here's what you need to know about the benefits of non-bank lenders.
The rent roll is an important tool for multifamily property owners or investors for a variety of reasons, and chief among them is that this document makes it easier to analyze the financial potential of a property.
If you’ve never prepared a multifamily property rent roll before, here are three great tips to help you get started and put yourself in a better position to secure multifamily commercial loans.