by Dave Dambro | Aug 20, 2022 | Blog, Bridge Loan, Commercial Loan News, Commercial Real Estate, Loan Types, Refinance, SBA
Congratulations! You’re approved! Now what? Whether you’re an investor or a business owner, you are now one step closer to reaching your goals – which can be very exciting! However, this is also a crucial time. With the amount of risk your lender is taking...
by Dave Dambro | Jun 14, 2022 | Commercial Real Estate, Refinance, What's Closing Now
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...
by Dave Dambro | Jun 4, 2022 | Refinance, What's Closing Now
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...
by Dave Dambro | Sep 27, 2021 | Refinance, What's Closing Now
Kissimmee, FL This business owner originally purchased a business and its building with private/owner financing. After paying off and selling the business, he wanted to obtain a permanent loan to pay off the rest of the building. The building was pretty strong –...
by Dave Dambro | Feb 25, 2021 | Archive, Refinance, What's Closing Now
Brandon, FL This 20-year practicing dentist thought that he finally found his dream office! The bank was all too happy to bury him in a 5-year senior mortgage, with a 5% per year prepayment penalty — and they promised to fund the necessary renovations to convert...
by Dave Dambro | Aug 9, 2019 | Archive, Commercial Real Estate, Refinance
St. Lucie County, FL This investor was post-divorce and needed a liquidity solution, fast… but the cards were stacked against him. Even though he had a full portfolio of SFR’s, the bank still couldn’t consider this loan. The income property was worth...
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