table of contents View more View more How to invest in real estate: 5 ways to do it in 2024 Here are five ways the average retail investor, or someone with access to a lot more capital, can make a profit investing in real estate. Method 1: Traditional/Conventional Investment Model The simplest way to invest in real estate is to buy or lease a property for the long term and rent it out to residential or commercial tenants. The process is simple, but requires a large initial investment, followed by annual maintenance and upkeep. Make sure the property is free…
Author: Private Lending Agent
The Federal Reserve kept interest rates unchanged for the seventh consecutive session on Wednesday, signaling that monetary policy easing may be more gradual than the commercial real estate industry is hoping for. The central bank kept interest rates steady at 5.25% to 5.5% and said in its post-meeting statement that its primary goal remains to get inflation down to 2% before cutting rates. A new Fed economic outlook summary released at the same time on Wednesday projects one rate cut in 2024. This comes after three cuts were forecast in December 2023, leading many in the market to expect six…
(Bloomberg) — Blackstone Inc.’s plans to sell $1.275 billion in bonds backed by commercial real estate debt are now on hold as bond issuance continues to surge.Most read articles on BloombergA group of banks including Morgan Stanley and Bank of America Corp. were selling a single-asset, single-borrower bond backed by mortgage debt tied to more than 60 industrial properties across 13 states.But the sponsors decided to halt the sales process because spreads on the bond had become too wide, said the people, who asked not to be identified discussing the details as they are private.The deal was an opportunistic refinancing…
The owner of Winston Tower in downtown Winston-Salem has expanded his Triad commercial real estate portfolio by spending $5.5 million on The Shops at Sedgefield Crossing property in Greensboro.The shopping center, located at 5696 W. Gate City Blvd., has 75,200 square feet of retail space, with a 35,900-square-foot Lidl grocery store at its center.The buyer is Sedgefield Crossing, an affiliate of Charlotte-based JTM Capital Partners, co-founded by Tip Moore and Jason Tuttle.The seller is Group Sedgefield of Boca Raton, Florida.Each of those groups was involved in JTM Capital's direct purchase of a two-acre site at 4637 W. Gate City Blvd.…
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Business lenders typically impose minimum revenue requirements on borrowers to ensure they have enough funds to cover payments. The revenue needed varies by lender but usually ranges between $100,000 and $250,000. Some lenders work with companies with annual revenue less than $100,000. Depending on the lender’s requirements, it can be difficult for some businesses to qualify for revenue loans. That said, most lenders evaluate other factors like credit score, time in business and other qualifications, so choose an option…
Best Cash Flow Loans for Small Businesses BEST FOR SHORT-TERM LOANS OnDeck Editor’s Take We picked OnDeck for its variety of business lending products and same-day funding. OnDeck offers a term loan from $5,000 to $250,000 with repayments terms of up to 24 months. You can also access a credit limit of $6,000 to $100,000 through its line of credit with a 12-month repayment term that resets after each withdrawal. Pros & Cons Term loans from $5,000 to $250,000 Lines of credit from $6,000 to $100,000 Same-day funding Low minimum credit score requirement $100,000 minimum annual revenue requirement Must have…
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Unsecured business loans can help businesses access the funds they need without pledging collateral—something of value the lender can repossess if a borrower defaults. However, no collateral doesn’t mean borrowers are completely off the hook.Because collateral is not required, lenders typically require borrowers to sign a personal guarantee. This is a legal agreement that requires the borrower to repay the debt with their personal funds if the business fails to do so. Once the loan is fully repaid, the…
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Too much business debt can lead to financial instability, but too little can prevent businesses from growing and expanding. Debt consolidation for businesses can help companies to merge all their debts into one, resulting in a more manageable loan while potentially reducing overall interest payments.The best business debt consolidation loans offer competitive interest rates, long repayment times and low origination fees. Shop around to choose a loan that helps you accomplish your debt consolidation goals. Best Business Debt Consolidation…
Best Business Loans for Minorities 2024 BEST FOR SHORT-TERM LOANS OnDeck Editor’s Take We picked OnDeck for its variety of business lending products and same-day funding. OnDeck offers a term loan from $5,000 to $250,000 with repayments terms of up to 24 months. You can also access a credit limit of $6,000 to $100,000 through its line of credit with a 12-month repayment term that resets after each withdrawal. Pros & Cons Term loans from $5,000 to $250,000 Lines of credit from $6,000 to $100,000 Same-day funding Low minimum credit score requirement $100,000 minimum annual revenue requirement Must have been…
Michelle Lambright Black, Founder of CreditWriter.com and HerCreditMatters.com, is a leading credit expert and personal finance writer with nearly two decades of experience in the credit industry. She’s an expert on credit reporting, credit scoring, identity theft, and the intersection of credit and financing. You can connect with Michelle on Twitter (@MichelleLBlack) and Instagram (@CreditWriter).Michelle Black Michelle Lambright Black, Founder of CreditWriter.com and HerCreditMatters.com, is a leading credit expert and personal finance writer with nearly two decades of experience in the credit industry. She’s an expert on credit reporting, credit scoring, identity theft, and the intersection of credit and financing. You can connect…