Commercial Real Estate Loans

If a deal is a cash-out refi, on a DSCR loan, you need to know the loan amount and LTV, credit score, zoning, term of the lease, nor credit scores, or how long the house has been owned, the price that was paid for the house. If this is a bridge loan short term, you need to know whether it will be a 25/30 year term house is a residentially zoned neighborhood, if it’s in a commercial zone, or a permitted or conditional use permit. All of these answers will determine the type of loan along with its term, penalties, and rate, and if we can use the rental agreement VS the rental appraisal supplement 1007 (the appraiser will also perform a rental market analysis report called 1007 if a 1004 appraisal is used). Need to know if it will be for the long-term agreement for the state-certified daycare. This information determines how we will see the house classified and what type of loan will be required. Just because the lease is in place does not mean the lease amount will be used to calculate the DSCR because 1007 will also give a number, and it’s the lower of the two.

If this is a house with a conditional use permit, I could require a rebuild letter from the city or county, and The DSCR would go off the Appraisal rental supplement.
Please note that the definition of debt service coverage ratio (DSCR) is net operating income divided by total debt service.

Next week, Gustan Cho, President of Lending Network, Inc. is going to announce the roll out of the commercial lending programs Lending Network LLC. Gustan Cho will be launching and finalize our commercial lending platform with AXEN Mortgage. The merger with AXEN and Lending Network LLC will be a game changer for Mortgage loan officers and for recruiting new loan officers. Stay tuned. For more information please click Lending Network, https://www.lendingnetwork.org/

• This discussion was modified 2 years, 1 month ago by  Gustan Cho.
• This discussion was modified 1 year, 5 months ago by  Sapna Sharma.
• This discussion was modified 1 year, 4 months ago by  Sapna Sharma.
• This discussion was modified 1 month ago by  Sapna Sharma.

lendingnetwork.org

Home - Lending Network, LLC

COMMERCIAL LOANS, COMMERCIAL REAL ESTATE

There is an ample supply of qualified Borrowers ready for a loan Where your Commercial Bankers have just denied them. Start calling CRE bankers today. YES, Cold Call them.

• This discussion was modified 3 years, 1 month ago by  Sapna Sharma.

I am thinking about starting a career in commercial lending? How do I go about starting my foot in the door as a commercial loan officer.

The apartment building values started to plummet as much as 40%. Apartment and multifamily properties peaked in May 2022 and started falling since then. Besides plummeting apartment building values, foreclosure of apartment building properties are skyrocketing to 2007 levels. The numbers of apartment building values plummeting and soaring foreclosure rates vary from city and state. We will cover more in this breaking news as more develop in the coming days and weeks. Besides apartment building properties, values of commercial properties in general have and are plummeting at record levels.

https://youtu.be/QuDEubYPMoM?si=sYcSVFDyYmK1MeBC

• This discussion was modified 2 years, 3 months ago by  Gustan Cho.

Builders, Realtors, Investors! Lookie Lookie! We have a seller looking to make deal for 2024. Check out the attachment! If you have the brass to tackle this, then let’s connect today! Creative commercial financing available. Call me: 972-707-4963

Copy-of-57-TOWNHOMES-UNDERWOOD-PROJECT-Builders.pdf 30 MB PDF - Click to view

Options

• Copy Download Link

Kevin O’Leary one of the host of the Shark Tank blasted the liberal judge that found former President Donald Trump guilty of fraud and fined the former President $350 million dollars because of ruining future real estate developers and real estate investors from investing in New York

https://youtu.be/8pkHpU86Src?si=4wb8iKXz6BXyeoFw

I am very excited to get involved and start originating commercial loans. What different types of commercial loans is Lending Network, Inc. going to offer to real estate investors and business folks?

Hello! I have a scenario from a non profit organization looking to purchase 12,400 sq ft. warehouse in GA and convert to temporary housing for working class, homeless individuals who will eventually become first-time home buyers. Sale price is $3.5 million, 75% LTV (25% down payment). Contact Cathy Willis for more details @ 708-668-8464.