It is very common for a lender to require a borrower to open a checking account as part of the transaction. Because of this, it is critical that borrowers have awareness of a lightly understood and rarely enforced, but potentially devastating clause in a typical retail bank’s deposit account agreement known as the “Right of Offset.”
CRE Fundamentals
Compared to other loans, 504 loans offer savings that result in improved cash flow. The maximum loan amount is $5 million, or $5.5 million for small manufacturers or certain types of energy projects.
A seller's net proceeds sheet is a document that estimates the amount of money a seller will receive after all closing costs have been paid. The net proceeds of a sale are important to capital gains tax exposure because they determine the amount of profit that is subject to tax.
Improvements in NOI will improve your returns as well as your property value. To follow are a few ways you can lower your operating costs if you own a Multifamily Property.
Finance is a hot topic industry-wide, and while much of the concern concerns volatile economic factors, it’s more so the lack of clarity surrounding them. Everyone has different opinions regarding what might or might not happen, but it’s essential to look at the macro picture to find a solution.
Tenancy in common (TIC) is a real estate transaction in which there is more than one owner of a specific property.