Real estate investment can offer a positive way to make some money, but like any business venture, it can take some money to make it. You have to have a capital fund to purchase that first business parcel and have added funds to renovate and pay taxes until it is sold. This can be difficult if you are self-employed or are not mentioned in the will of a rich relative. There are some ways to get funds for real estate investing, and here are three of them.
Are you a business owner in need of financial assistance? You may have applied for a commercial loan, but it didn’t go your way. Getting turned down for commercial loans happens. If you find yourself in this situation, all hope is not lost. Here is what you can do if you are turned down for a commercial loan:
You may be an experienced property investor or just starting to look at investing. In either case, cash is not always available to quickly secure a desired property before another investor snatches it up. But there are ways to invest in real estate without having to use your own cash, and one of them is a hard money loan from Shop Commercial Mortgage.
Shop Commercial Mortgage is your Florida source for commercial land loans. Very few lenders want to deal with commercial land but you can get your land loan from us. Our investor network is looking for opportunities in:
If you own a commercial property in Florida free and clear and need to obtain money quickly for renovations or business expansion, you may have problems getting that money from commercial lenders. Conventional lenders are usually locked into a business model where a borrower must show positive cash flow and tax records without losses to qualify. Self-employed commercial property owners can have difficulty obtaining fast cash for their business. Shop Commercial Mortgage can solve this problem for you.
A commercial hard money loan can come in handy when you’re seeking money, but struggling to gain approval from a traditional bank. Commercial hard money loans are designed to get money into borrowers’ pockets fast. If you’re interested in a commercial hard money loan and want to know what you will need to gain approval in Tampa, keep on reading.
Are you a business owner in need of some financial assistance? If so, you may be struggling to receive a traditional bank loan. Maybe a bank is going to take too long, or perhaps you are having a hard time getting approved. Instead of receiving a bank loan for your commercial needs, read on to learn why you should consider a commercial hard money loan.
If you are a Florida resident looking for commercial property and have had previous credit or paperwork problems, you should talk to Shop Commercial Mortgage. Our commercial investors are looking for equity-driven loans for commercial clients. The reasons why you should contact Shop Commercial Mortgage include:
If you’re in need of money, you may be considering a bridge loan. Bridge loans are most commonly used when investing in real estate, but they also serve an important purpose for borrowers in certain positions. To learn more about bridge loans and to determine if they are right for you, continue reading this blog post.
"I just closed a commercial loan in St. Petersburg. A 16 unit apartment complex for $100,000 at 11.5% interest. It was a free and clear equity driven low documentation refi with no appraisal so it closed fast!"