‘Commercial’ Archives
Finding Bank Repo RVs at Auction
The best way to locate a repo RV is through making contact with a bank or other lending institution. You may face some challenges getting to the right person who can answer your question, but be persistent. Eventually you'll learn what's available and whether their auctions are open to anyone. Ideally, you'll find good bank repo RV [...]
Analyzing a Commercial Mortgage Loan – Capitalization Rates
By Michael Haltman After we have determined an NOI that we are comfortable with, the next item that we will use in the process of analyzing a commercial mortgage loan, is a term that you probably have heard but maybe not completely understood. This is the capitalization rate or the cap rate of an investment. Simply put, this number represents the [...]
Analyzing a Commercial Mortgage Loan – Net Operating Income
By Michael Haltman In my previous article we touched on the basic criteria that make a commercial mortgage loan a much different animal from a residential mortgage loan. In a nutshell, it is the fact that whatever loan amount is desired for an income producing property must be supported by the income that the given building produces. This leads [...]
