Check Local Availability
check your local store, for in store pickup
check your local store, for in store pickup
check your local store, for in store pickup
Demonstrate the ability to pay the loan and you are halfway toward becoming a commercial investor. Critical is an understanding of the major risks associated with commercial loans from the lenders perspective. Use this as a quick checklist when putting together an offer or evaluating your own potential.
1. Credit Risk. Perhaps the most common type of risk, this simply indicates the ability of the borrower to meet the contractual obligations as outlined in the loan documents…aka, the ability to pay. However, because you are dealing with commercial loans, the credit risk can be impacted by several items including competitive market factors (ie, the inability of the property to lease as expected, increased or decreased demand etc), interest rate sensitivity, rollover of leases (long term leases may be stable but are also more prone to declining values), changes in regulatory environment including zoning and tax laws.
2. Interest Rate Risk. The majority of commercial real estate is financed on a floating rate basis so interest rate risk is a very real threat depending upon the timing of cash flows, yield curves and other economic conditions that may adversely impact the economic climate.
3. Liquidity Risk. Banks must meet obligations the same way that private individuals are required to do so; loss of liquidity means the bank is unable to extend credit or must call loans in order to raise capital. For an investor, liquidity risk is typically isolated to the ability of the bank to loan money in the future should you require it in order to roll-over or refinance a loan.
4. Compliance Risk. Once the domain of elusive economic theory, compliance risk has risen to disproportionate levels thanks in large part to the current crisis as well as outside influences. Examples are broad but range from potential liability of bad debts during the mortgage boom to the current oil spill at BP; a bank may be held responsible for assets held as collateral. High risk assets will be assessed a premium.
Real estate investors seeking entry into the exciting world of commercial real estate should review each property from the perspective of the lender; examine risk levels and potential threats through the eyes of the bank in order to maximize your prospect for success.
Look for more short sales coming in 2010.
#3. Commercial Real-Estate Collapse: The second
largest chain of malls has already declared
bankruptcy. Obligations needing refinancing
in the commercial market are in the trillions.
And most of them, even with positive cash flows, 
*Tile Flooring, ceramic and
are as underwater as residential mortgages. As vinyl tiles highly prevalent in commercial loans default and commercial
these businesses crash, they will cause even building’s and will see a huge
more unemployment. uptick in sales as TI’s will
consider this and control the marketplace..
look for more short sales coming in 2010.
#4. Loan modifications aren’t working. Unless
and until there is meaningful principal reduction,
most people getting a loan modification will stop
making their payments if they are $100,000+
upside down on their home. And there are A LOT
of people upside down. Look for lots of “jingle
mail,” where the homeowner just sends back the
keys.
Look for more short sales coming in 2010. But look
for a lot more buyers now that FHA has given the
green light.
Are you seeing a theme yet?
Look, you can either be a victim of this economy,
or you can swing it to your advantage by learning
the easy way to find and rapidly resell short
sales.
Yep, I said easy, because with our newly revised
Short Sales Riches system for 2010, it’s done for
you automatically. You just have to get the
machine started, then it runs on autopilot for you.
The average home will be sheathed with a 3 ply 1/2″ cdx plywood that can span 24″ centers for the roof rafters, 1/2″ plywood has been facilitated in home construction roofs for quite some time, and generally found the least expensive common sheeted material in your local lumber yards and home improvement stores. 
Are you a commercial CADS manager?
Plywood is a manufactured wood, made by gluing together a number of thin veneers or plies of softwood or hardwood. A common reason for using plywood instead of plain wood is its resistance to cracking, shrinkage, twisting/warping, and its general high degree of strength. Also, plywood can be manufactured in sheets far wider than the trees from which it was made. It has replaced many dimensional lumber on construction applications for these reasons.
Another 1/2″ plywood product most generally used on panelized roof systems, or commercial construction roofs such as Wal-Marts or Home Depot roof structures, where 3-1/8″x 18″ sub laminate [glu-lams] beams spanning 20′ or so, between larger Glu-lams that can span 40′ or so. These mini lams are on an 8′ centers layout with 2x stiffeners, 24″ centers, fastened with hardware [stiffy hangers] and then sheathed with a 1/2″ struct one plywood sheet, this material is a 5 ply material that can span length wise over 2 foot centers with the ability to not flex much or give under normal live load weights. Plywood has certainly change building norms, and in some cases fire retardant when called for. Next time standing in line at your busy home improvement warehouse store, look up and you will see exactly what we are saying here….