|HOME | ATTORNEYS | DIRECTIONS | CONTACT US ||
McGunagle, Reidy & Hentz, Ltd.
2088 Broad Street, Cranston, RI 02905-3342
PH: 401.941.2088 - FAX: 401.941.0017
A Business Lawyer In New Orlean Business Law And Operation Tips Business Law Attorneys Business Law and Commercial Solicitors Business Law and Law Firm Business Laws Basics Business Laws For Small Businesses Business Laws Unveiled Business Litigation Commercial Law Payment Commercial Loan Modification Success Tips Commercial Refinancing Commercial Transactions Gone Bad Commercial Transactions Money Laundering Company Law Services Company and Business Laws Differences Between Family Solicitors Direct Commercial Funding Review Employment Law Florida Real Estate Lawyers History Of Business Law Degree How Can Attorney Help You How To Choose LLM Business How To Finance YourBusiness How To Get Investment Money How to Make Commercial Transactions Immigration and Business Law Important Facts About Commercial Mortgages Important Points to Know Intercompany Business Transactions And Relationships International Commercial Arbitration - Law Late payments in commercial transactions Laws Surrounding Online Pharmacy Business Legal For Trade Scale Managing Business Law Ntep Scale Assurance Of Quality Role of Commercial Law Firms Salespeople Must Understand the Fundamental Principles Small Business Law and Their Issues Specialists Navigating the Legal Minefields Startup Law 101 The Best Business Law Books The Law Of Attraction The Necessity of Business Law Things You Should Consider Listing US Commercial Mortgage Basics Finance Using Your Slow Paying Invoices Walker Commercial Fundings Experience What Commercial Law Deals With What Constitutes A Breach Of Contract What Is Business Law What Is the Checklist What You Need To Know About Business What You Need to Know Where to Go For Training Why to Have a Trusted Probate Work With The Best Real Estate
The Law Of Attraction - How To Get That Lucrative Business Location Before The Competition Sees ItNeed money for that big real estate investment that you've been planning? Bank loans can take a long time and require a lot of requirements. And sometimes, with real estate investments, time is of the essence. Business locations in ideal areas that promise lucrative profits can get sold or leased quite fast. So if you find a suitable location for your business, you need to take advantage of the opportunity. And if you can't get financing as soon as the location becomes available, then you miss out on an ideal investment. What's worse is that a competitor can be the one to sweep that promising investment off your feet.
1. Get a hard money loan. Good thing you have an alternative to bank loans: hard money loans. Hard money loans are loans designed for those who wish to invest in a new office location, with the main advantage of being processed more quickly than the regular bank loans. With a hard money loan, you can get immediate financing.
Take note that a commercial hard money loan only has a limited mortgage period. But since you will be able to get the ideal location for your business, you will most likely recover your expenses in no time so you can pay off your loan. This is better than getting a longer term mortgage for a less promising location and waiting for a long time before you can pay off the loan.
2. Increase your chances of getting approved for a loan. In a hard money loan, you can get approved for higher amounts based on your equity in the property because the property already serves as your collateral. In the best case scenario, a hard money loans can give you up to 75% of the property's value. To improve your chances, make sure you have an attractive business proposition.
In a regular mortgage, you may be able to get longer mortgage periods and lower interest rates, although you should be ready to wait a bit for the decision to come.
Regardless of what kind of loan you apply for, make sure you get approved for it. And to do that, all you need is a simple positive thought. Just keep a positive attitude so you will give off a confident aura when you face your lenders. Lenders want the assurance that their borrowers are not in any difficult financial situation and have the necessary traits to manage the investment well so the loan can be paid off fast. A positive attitude will make you come off as a confident, resourceful, and aggressive borrower who they can trust with their money.
3. Attract money like a magnet. Do you know that you can simply attract money to you like a magnet whenever you need it? This is something not all people know about and believe in, which is why only a small number of people get to take advantage of the unlimited financial source.
привтикMcGunagle, Reidy & Hentz, Ltd.
2088 Broad Street
Cranston, RI 02905
401-941-2088 | Fax 401-941-0017