Cash Flow Statements: The Secret to Not Having to Pawn Your Grandma's Antique Vase (and get your loan approved)
Cash flow statements are critical for financial reporting, showing a company's ability to generate & manage cash. At KCG, we understand their importance in assessing creditworthiness & viability. We won't consider loans without accurate & timely cash flow statements, ensuring borrowers grasp their finances & we make informed decisions.
How to Avoid Buying a Lemon Property: The Power of Estoppel Certificates
If you are planning to buy a property that has tenants, you might be in for a nasty surprise. You could inherit tenant problems that the seller did not disclose, such as unpaid rent, lease violations, or maintenance issues. How can you protect yourself from buying a lemon property? The answer is estoppel certificates.
Writing a Real Estate Private Money Bridge Loan Request
The loan request summary provides a concise overview of the real estate loan deal, highlighting key facts about the property, potential opportunities or risks, and the purpose of the loan. Transparency is crucial, as any undisclosed issues may lead to loan denial.
Effective Networking & Marketing Strategies for Commercial Loan Brokers
Whether you are new(er) to the commercial loan brokerage business, or somewhat seasoned, in this article you can find marketing methods for expanding and strengthening your business. While the strategies below lean towards those doing commercial mortgage loans, there are tactics here that will work for other loan brokers.
Apartment Complex - Loss Prevention Tips
Claims are unavoidable as they will happen sometime, but as an owner there are some precautionary steps you are able to take to prevent losses or reduce any significant damage occurring on your property. These steps will provide a safer community for the residents, less risk of incidents happening on the complex, and in turn less headaches for you as the owner.
When Should a Commercial Real Estate Bridge Loan be Used?
Commercial bridge loans are a temporary, short-term financing option that is usually made by private alternative lenders who specialize in helping real estate investors.
How and When to Offer Commercial Rent Concessions
Commercial rent concessions can be useful for leasing space during economic downturns. Learn how and when to offer rent concessions here.
How To Optimize Your Commercial Mortgage Broker Facebook Business Page
Learn how to optimize your commercial mortgage broker's Facebook business page to attract and engage with clients. In this article, I will walk you through step by step way of optimizing your commercial mortgage broker Facebook business page.
20 Minutes to Increase your Reach to Real Estate Investors with a Facebook Page
A Facebook Page is a public Facebook account that can be used by brands, organizations, and public figures. Even if you are not a fan of social media, due to the amount of people on Facebook, having a business presence there enables more potential commercial real estate borrowers find you. As you increase your followers, you also increase perceived credibility from potential borrowers or even commercial real estate agents. And in marketing, perception is important.
5 Ways to Avoid a Multifamily Property Insurance Disaster
Insurance coverage and policies for commercial multifamily properties is different than with SFRs or 1–4-unit properties. There are multifamily owners who assumed that the type of policy which worked for their SFR investment property was good enough and didn’t review the details. They unfortunately had an initial disaster turn into a financial catastrophe. Here are five ways to avoid a multifamily property insurance disaster.
Double Your Money
Loan Brokers: Learn how to double your income on financing your borrower’s purchases and have your borrower thanking you all the way to the bank. All it takes is understanding how to sell the power of bridge loans to increase your borrowers return.
Kirkland Capital Group Loan Flow Process
Learn how Kirkland Capital Group processes, underwrites, and funds a commercial Real Estate loan.