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June 2022

What's Closing Now

$650,000 – Cash-out Refi – Owner Occupied CRE

by Dave Dambro

Vero Beach, FL

This business owner wanted cash to make building improvements and to take advantage of a sudden opportunity that would help expand his forestry management business. We were able to secure him a 25-year, fixed-rate refinance with cash-out for his free and clear owner-occupied property, helping increase his liquidity while keeping his monthly payments low.

If you’re looking to expand your business and need cash on hand, consider exploring your refinancing options with Commercial Capital Ltd, FL. We’re a nationwide business with a local office touch! There’s no risk or obligation to explore your options today. Try our Loan Finder to to find the right commercial loan for your requirements, or give us a call at (888) 959-1648.

 

Commercial Real Estate, Refinance, What's Closing Now

$1,300,000 – Cash-out Refi – SFR Portfolio

by Dave Dambro

Brevard County, FL

This client had a very conservative relationship with debt. His whole life, he was taught that debt was “bad” – so when he purchased the 14 properties in his portfolio, he made sure that they were all paid off and cash-flow positive. However, this kept him paper rich and cash poor — which was making it difficult for him to compete when putting in offers for new properties.

Our challenge, first and foremost, was to change his understanding of what a mortgage can be. When treated properly, a mortgage is leverage – not purely debt. With the right guidance, a smart investor utilizes his leverage to consistently enhance his portfolio.

To keep it conservative, we advised him to do a 60% LTV loan — which is reasonably low leverage — to keep his payments low and manageable in case the market took a turn.

If you’re looking to expand your portfolio and need cash, contact our experts to see which options are available to meet your needs and future goals. Not all loans are created equal – and that’s why it’s essential that you partner with a lender who has your best interests at heart. There’s no risk or obligation to simply explore your options — so try our Loan Finder today to see your results in minutes, or give us a call at (888) 959-1648.

Refinance, What's Closing Now

$700,000 – Cash-out Refi & Purchase- SFR Portfolio

by Dave Dambro

Vero Beach, FL

By word of mouth, this investor found an opportunity to add two more off-market properties to her rental portfolio. The issue? She needed some cash on hand for down payments and liquidity requirements.

To accomplish her goals in the most efficient way possible, we leveraged one of her properties into a 30-year, fixed-rate refinance with cash-out. This kept her monthly payments low and allowed her properties to still cash flow. She then used that cash to purchase two homes: one that she kept to add to her rental portfolio and one that she plans to fix and flip. When all is said and done, she will recoup her entire principal — plus own an additional rental property and make a profit!

Maintaining a positive cash flow when refinancing in this market can be tricky! The three best ways to do this are to:

  1. Put a little more money down (this means there’s less of a loan to pay off = lower monthly payments)
  2. Choose a Hybrid Loan – which affords a lower payment in the first 3,5,7 or 9 years (depending on your choice) while riding out the changes in interest rates
  3. Don’t over-leverage (try backing the leverage down by 5% and see how that affects the rate!)

In this market, smart investors are looking for off-market opportunities, fixer-uppers or distress properties. That is why you MUST be ready with cash – because you never know when the right opportunity will fall into your lap. If you’d like to explore your options to do a cash-out refinance on your investment portfolio, then try our Loan Finder tool or call us at (888) 959-1648 today. There’s no risk or obligation to explore your options!

SBA, What's Closing Now

$2,600,000 – SBA Loan – Employee Buyout

by Dave Dambro

Melbourne, FL

Our client spent his entire adult life working for a very successful restaurant in town, so when the owner was ready to sell – he stepped up to buy. The only challenge was that he wanted to finance the deal immediately following a period of time when restaurant properties took a big hit.

Despite pandemic cash-flow challenges in 2020, we were able to prove a pattern in the financials to show a continued future trend of growth for the business. That along with the buyer’s good credit, great experience, and some money down, this new restaurant owner will not only carry on the legacy, but will also do so using the cheapest money available with an SBA Loan – before rates go up for good!

If you’re motivated to take the next step towards ownership, give us a call. It is very important to consult with a professional that you trust not only to help you with the loan process, but to strategize and select the best money to suit your future. To get started on qualifying for your employee/partner buyout loan today, contact ComCapFL through our website or by calling us at (888) 959-1648. There’s no risk or obligation to explore your options!

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