Jul 12, 2022 | Stated Income Commercial Loans, Success Stories
A dynamic husband-and-wife Chiropractic team wanted to purchase this beautiful medical office building in central Florida for $1 Million, pictured above. This would give them the facility they dreamed about for their practice and would also allow them to add rental...
Jul 12, 2022 | Commercial Rental Loans, Stated Income Commercial Loans, Success Stories
I will keep this short and sweet. Jenny from Boston wanted to purchase a rental property in Boston, pictured above, for $749K. This was a duplex that would create a nice income stream for her. Normally when you go to apply for a rental property loan, you’re...
Oct 16, 2020 | Stated Income Commercial Loans
Has your small business been denied a loan before? Cash flow for equipment, office space, training, and other vital resources can be low for small businesses like yours. When loans rely on liquidity or income tax returns, you simply may not qualify. There’s an easy,...
Sep 11, 2019 | Stated Income Commercial Loans, Success Stories
A dentist in the Chicago suburbs had a lot of higher interest / short amortization debt that was killing her bottom line. Most of it was equipment leases that are usually at a rate of 15-20% APR or more for 5 years. It makes the payment quite high because of these two...
Jul 11, 2019 | Stated Income Commercial Loans, Success Stories
My client had a property she purchased originally with a construction loan to tear down and build a 4 story condo building. Well, that was in 2007 and you know what happened in 2008. The bank reluctantly converted it into a long-term note but really didn’t want it on...
Apr 11, 2019 | Stated Income Commercial Loans, Success Stories
In 2015 this gun store opened in the western suburbs in a building that the owner was able to secure with a contract for deed (land contract) with a local community bank. This building was a real estate office and had been vacant for many years. The bank was happy to...
