This is the No. 1 state Americans moved to in 2023—it’s not Florida
People all over the country are making big moves, whether it’s to a major city for a new job or simply to wherever they can get more bang for their buck. U-Haul recently released its Growth Index, which highlights the U.S. states that saw the largest number of movers in one-way U-Haul equipment in 2023. The report […]
Alternative Lenders Help Fill Commercial Real Estate’s Debt Gap Amid Higher Interest Rates
As many banks retrenched from commercial real estate loans amid rising interest rates and a regional banking crisis that erupted in early 2023, a number of alternative lenders jumped into action to carry the flag. The role of private lenders took on added importance for most of 2023 following the March collapses of Silicon Valley […]
Understanding Construction Loans: What Does “Shovel-Ready” Mean?
Are you considering a construction project and in need of financing? Understanding key terms like “shovel-ready” can help you navigate the world of construction loans more effectively. What Does “Shovel-Ready” Mean? In the realm of construction loans, “shovel-ready” is a crucial term. But what exactly does it mean? A construction project is considered “shovel-ready” when […]
Nearly 500K people have left Florida. Where did they go?
Meanwhile, 1M flocked to Sunshine State in 2022 In 2022, over from all over the world — a huge surge in migrants from other states and countries. During that same year, though, nearly 500,000 people left the state for other parts of the country, according to the U.S. Census Bureau. The data shows that the […]
Construction Loans – Not that Hard!
Every builder wins when they think about getting a construction loan. Well…it doesn’t have to be that way! As a builder, you already know more about your project and what you need than the lender does. You’ve been there, done that. Now, it’s just a matter of zeroing in on a meeting of the minds […]
Unlock Financial Opportunities: Join Our Live Webinar on DSCR Ratio Loans for Residential and Commercial Properties!
Are you ready to elevate your property investment strategies and unlock new financial opportunities? We are thrilled to invite you to our exclusive live webinar: “Unlocking Financial Opportunities: Understanding DSCR Ratio Loans for Residential and Commercial Properties.” 📅 Date: Jun 14, 2024 🕒 Time: 1 pm EST ⏳ Duration: 45 Minutes Why You Should Attend: […]
How to Build Scenarios into a Real Estate Pro-Forma for a Multifamily Property
All investing is probabilistic, so you need to consider what happens if the deal goes very well, average, or very poorly. Typically, you create Base, Upside, and Downside cases with differences in Rent, Vacancy, Bad Debt, Expenses, TIs, and LCs. In credit analysis, you focus on the Base, Downside and Extreme Downside cases since the […]
What is the Real Estate Pro-Forma? Why do you need it in Loan Approvals?
Just as you need to understand the financial statements to grasp financial modeling and valuation for normal companies, you must understand the Pro-Forma if you want to understand real estate. The Real Estate Pro-Forma is a simplified and combined Income Statement and Cash Flow Statement for properties, with a few modifications – such as no […]
CONSTRUCTION LOANS: WHAT ARE THE DIFFERENT TYPES?
Construction loans are specialized financing products used to fund the building or renovation of a home or other real estate projects. Here are the different types of construction loans: 1. Construction-to-Permanent Loan (Single-Close Construction Loan) 2. Stand-Alone Construction Loan (Two-Close Construction Loan) 3. Renovation Loan 4. Owner-Builder Loan 5. End Loan 6. VA Construction Loan […]
