So, what are Fix and flip loans? Let’s go through the things you should know if you want to start flipping or if you are just interested in learning more. Fix and flip is a real estate investment strategy and it consists in purchasing a property in need of...
What is the biggest challenge you anticipate in 2021 as a direct lender or financial intermediary in commercial real estate? In 2021 it will be challenging to meet the business needs of Borrowers using hotel/restaurant properties as collateral to secure their loan. In...
Year of 2020 was no like other. It looks like the Covid-19 pandemic sent the crowded urban life style preferred by many bohemians and younger professionals in the past as new migration trends are identified by moving companies. BTW: Moving industry is the one sector...
Universal Commercial Capital is private money loan broker dedicated on offering financial consulting and solutions to its international real estate costumers. Within the below article we aim to create basic understanding on US income tax rules for entrepreneurs who...
The purpose of the here-in article is to outline Universal Commercial Capital lending guidelines and summarize what documents are needed so our processing team can underwrite a private money borrowing. Also known as “hard money loan”, our private money loan program is...
The purpose of a construction loan is to finance the building of a new residential real estate property. The projected market value of the subject property is used to secure the lending and the loan proceeds are distributed by the Lender via separate “draws”....
Commercial loans are low interest, long-term business purpose borrowings meant to provide entrepreneurs access to large amounts of capital. Such a loan is secured by the value of a commercial property and the interest rate can vary from 6.5% to 8.99 % depending on the...
Fix-and-Flip projects are generally seen as promising business opportunities that can generate quick cash profit and good return-on-investment (ROI). An entrepreneur may need to completely transform a property or simply do some tender renovations before the building...
Many real estate entrepreneurs are purchasing properties with the idea of receiving good return on investment for their cash and increasing their wealth. A business person can choose to implement both the Fix-and-Flip or Buy-and-Hold strategy and the decision depends...
Universal Commercial Capital (UCC) focus is on finding the right financial solutions for customers that may experience issues with obtaining a business purpose loan from lending institutions as banks. Our team is dedicated on assisting each and every Borrower receives...