Dax Dickson's (thecommercialfinancestore) Blog

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Mortgage and Lending - The Commercial Finance Store
RECENT BLOG POSTS
Venture Capital hybrid in Minneapolis Mn and elsewhere.Many companies can not get the VC money they need for start ups. If you have some collateral to inject into the deal we want to talk to you. It can range from art, gold coins to real estate but if you have something of yours (Skin) to throw i...
10/18/2009
Here in the Minneapolis and St Paul Metro area community and national banks love apartment buildings and they consider them a great asset.  What you have been hearing on the news, "With the current credit crisis there is no money to lend" is not true.  For those experienced investors there is an ...
10/04/2009
So many people think that this credit crisis is making it impossible to get financing loans for rehab construction projects, business loans and aparment or income property mortgages. This is not the case. There is plenty of money for qualified borrowers in the Minneapolis or St Paul, MN metro are...
10/04/2009
Minneapolis Bank Owned Rehab Market Here is the Minneapolis metro area there are more deals than money.  This is the absolute truth! The biggest problem I have is finding qualified investors to work with.  The rehab construction loans are available to those who qualify.  These loans are easy to g...
10/04/2009
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SBAYou can use an SBA loan to refinance business debt resulting in a longer term and lower payments!!! Interest rates are at an all time low, and the program fee is currently waived !!!The SBA recently made refinancing of commercial debt much easier by lifting many of the old restrictions on taki...
09/27/2009
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I am proud to Present Tim Jochim as the newest member of The Commercial Finance Store! Tim comes to us with years of finance experience. He will be taking over the Rehab Construction Financing and Consulting. Below is the program Tim is now in charge of. LIST OF ITEMS REQUIRED TO UNDERWRITE A REH...
09/27/2009
Rehab Loans are a great way to buy investment reo properties in the Minneapolis and St Paul Metro area.How they work:Purchase + Construction costs = XRehab loans require a 20% down payment of XThis means that 80% of all costs are financedThese loans do require proof of repayment and credit scores...
09/13/2009
I have heard many real estate agents say that the only way to close on condemned houses is cash.This is not true!There is a GREAT residential REHAB loan:This is how it works:- 80% LTV of the purchase plus construction costs- 620 Minimum FICO- 50% DTIIt is that easy!Dax Dickson The Commercial Fina...
09/11/2009
Agency or Government Guaranteed Mortgage Financing    FNMA, Freddie Mac, FHA/HUD and USDA guaranteed debt financing is available for Multi-family market rate and affordable housing and senior rental projects.  Retail elements in mixed use projects may be eligible in some cases.  Construction/perm...
09/11/2009
The Commercial Finance Store is ready to help you secure the business loans your company needs!   SBA 504 Loans   These loans are for owner occupied (51% of space or more) commercial real estate.  Features of the program are: The maximum loan amount is $4,000,000. The loan to value is 90%, reduci...
09/11/2009
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Dax Dickson

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