Curt Carter’s Post

Lending doesn't have to be scary! We’re here to offer a lifeline to #realestate professionals when traditional lenders might leave you in the dark. 🌔💀 With over 30+ years of experience in development and investing, we know the lending playbook inside and out. Don’t let market conditions haunt your progress – our specialized #realestateloans are designed to support your vision and help you navigate even the most frightening financial landscapes. We offer: ▶️ Bridge Loans ▶️ Vertical Construction Loans ▶️ Development Loans ▶️ Land Loans for Entitlement ▶️ Raw Land Loans ▶️ Fix and Flip Rehab Loans ▶️ Acquisitions 💀 Don’t let the fear of financing stop you from bringing your projects to life! Secure your funding today before time runs out… or face the horrors of missed opportunities.▶️ (253) 264-4657 | loans@1892capital.com | http://1892capital.com #realestateinvesting #privatelending #privatelender #hardmoney #CRE #SFH #RealEstateDevelopment #utahRealestate #seattlerealestate #hawaiirealestate #Halloween2024 #halloweenmarketing

Double-Whammy For landlords Giving Buildings Back To Lender In BizNow 10/23/24 Jarred Schenke’s article warns about the tax exposure that might result from a landlord handing the keys of the property back to the lender. On top of losing whatever equity you may have once had, in addition to all the time and expense purchasing and then managing the property, there may be serious tax consequences by doing a deed-in-lieu-of-foreclosure transaction.  “A borrower hands the property to the lender in exchange for guarantees against legal action or further payments of the debt. For struggling landlords, it’s an appealing option. But debt forgiveness is taxable income, and any loan amount that exceeds a building’s original value — common among CRE owners who have refinanced a property multiple times — is taxed as a capital gain if the debt is forgiven. The capital gains tax rate can reach 37%.” According to CoStar, deed-in-leu transactions make up over 40% of commercial foreclosures.” #CRE; #Foreclosure; #default; #officebuilding; #SIOR

Thinking of giving your keys back to your lender on your commercial property again and have an expert by your side this great article by Jeffrey Weil explains what can happen if you’re not careful

The Totally Not Complicated Loan Process 🛠😅 1️⃣ Pre-Approval: So you can stop dreaming about that penthouse you can’t afford 💸🙃 2️⃣ Escrow is Opened: Basically, “Congrats, you’re committed—no backsies!” 🚫🔒 3️⃣ Loan Processing: Insert never-ending paperwork montage here 📄🤯 4️⃣ Underwriting: Convince a stranger that you’re a responsible adult (lol) 📊🧐 5️⃣ Loan Approval: Finally—after 500 emails and 10 mental breakdowns 🎉💀 6️⃣ Clear to Close: Almost there! Just don’t go on a shopping spree 🚫🛍 7️⃣ Funding: BOOM, money drops like it’s payday 🤑💥 #4EverLendingUSA #MortgageStruggles #AdultingIsHard #RealEstateRealness

Starting your home-buying journey? Remember, securing a pre-approval is a crucial first step! But equally vital is deciding WHO to get this pre-approval from. Opting for a local lender can bring numerous benefits. Let's dive into a few key advantages. Engage with us: Like, share, and leave your comments below 💙 Explore more: https://lnkd.in/eP4QpQv3 #RussellRealEstateSolutions #Russell #RealEstate #Solutions #FingerLakes #SouthernTierNY

Starting your home-buying journey? Remember, securing a pre-approval is a crucial first step! But equally vital is deciding WHO to get this pre-approval from. Opting for a local lender can bring numerous benefits. Let's dive into a few key advantages. Engage with us: Like, share, and leave your comments below 💙 Explore more: https://lnkd.in/eP4QpQv3 #RussellRealEstateSolutions #Russell #RealEstate #Solutions #FingerLakes #SouthernTierNY

I've never heard so many reasons for down valuations in my life 🤯... Reasons we’ve had lately include: 👉 You bought below market value 🤯 👉You’re getting that much rent but we don’t think you can so we’re down valuing 🤯 👉It’s not a HMO ( it was ) 🤦♂️ 👉It’s not a HMO area ( it was and was fully let ) 🤯 👉You haven’t owned it for 6 months ( where did all the cool lenders go! ) 🤦♂️ 👉Leases aren’t blue chip tenants 🥱 👉We value everything at fire sale value but we’ll lend 75% of it ( wow thanks ) 😂 The list goes on! Oiy knobbers… the market has risen in value gently for the last two quarters! Stop being idiots 😂 Thanks 👍 Anyone else having the same problems? . . #propertyinvestor #businessowner #leeds

Slatt Capital's Michael Kaplan and Dominic Sestito working with a correspondent life company provided a $9,500,000 fixed rate loan secured by a mixed use office/retail property located on 3rd Street Promenade in Santa Monica, CA. The loan was used to refinance a maturing life company loan and provide the owners with a fixed rate 5-year loan, 30-year amortization and 50% recourse. Challenges with financing office properties has been front line news for some time, but this life company lender has been very active in financing well located office properties in the $5MM - $25MM range so long as they have strong sponsorship, granular rent roll and moderate leverage. In fact, this life company feels that the loans that they have closed over the past 12-18 months secured by office properties will prove to be some of the best loans they have originated in years. Slatt Capital will service this loan as part of their $5.2B servicing portfolio. #office #lifecompany #location #mixeduse #chicagotitle #slattcapital #nebocapital #josephblake

In real estate, timing can make or break a deal. When opportunities arise, brokers need a reliable partner who can fund quickly. This is where Lending Bee steps in. We understand the value of speed and its impact on your success as a broker. Our fast funding approach, often within 3–7 days, helps you close deals before competitors even start their paperwork. Why It Matters: - Secure More Deals: Don’t lose deals because of slow funding. With Lending Bee’s fast approvals, you can help your clients get properties off the market quickly. - Build Stronger Client Relationships: When your clients know you can secure financing at lightning speed, they’ll return to you for future deals. - Stay Ahead in a Competitive Market: Fast closings give you an advantage, making you the go-to broker for urgent real estate deals. At Lending Bee, we’re more than just a lender—we’re a partner in your success. Connect with us to see how fast funding can help you stand out and close more deals!

Great news!   With the 5-year treasury dropping 40 bps over the past week, Archwest is now offering our LOWEST EVER rates on DSCR Rental Loans.   These reduced rates come with highly competitive LTVs as well as a 1.00x DSCR minimum for qualified borrowers: → Loans from $55,000 to $ 50 million → Single-family (1- 4 units per property) → Multifamily (5 – 9 units per property) → Fixed-Rate & Hybrid Interest-Only pricing structures available → Recourse & Non-Recourse options available There’s never been a better time for you to share with us an active deal. Archwest continues to offer the industry’s low rates along with certainty of execution and our signature high-touch client service.   For more on our DSCR Rental Loan Program go to https://lnkd.in/d7TfAsZ6. To discuss a deal, contact your Archwest Account Executive or email us at archteam@archwestcapital.com. #dscrloans #rentalloans #lowerrates #realestateinvesting #privatelending #investmentproperty