PRIVATE
CLIENT LETTER
You
will recall that we met when you used C-Loans.com to apply
for a commercial mortgage. To give you an incentive
to read our newsletters and remain a client, we shamelessly
bribe you. The bribe: If you remain on our newsletter
list, we will give you a long-term, private money
commercial mortgage loan for only one point.
Joke
Du Jour
A
tom cat and a tabby cat were courting on a back fence at
night. The tom
leaned over to the tabby with pent up passion and purred
... "I'll die for you!"
The
tabby gazed at him from under lowered eye lids and asked,
"How many times?"
Private
Client Gets $2.5MM Hard Money Loan
From C-Loans for Only One Point
One
of our private clients recently used his relationship with
C-Loans to obtain a large hard money loan on a hotel for
just one point. Our normal loan fee is 2.5 points,
so this Private Client saved some serious dough.
If
you need a fast commercial loan from a forgiving lender,
just call 916-338-3232 and tell the loan officer that you
are a Private Client. Our loan officer will roll out
the red carpet.
Circle
Flies Joke
After
pulling a farmer over for speeding, a state trooper started
to lecture him about his speed, pompously implying that
the farmer didn't know any better and trying to make him
feel as uncomfortable as possible. He finally started
writing out the ticket, but had to keep swatting at some
flies buzzing around his head.
The
farmer said, "Having some problems with circle flies
there are ya?"
The
trooper paused to take another swat and said, "Well,
yes, if that's what they are. I've never heard of
circle flies."
The
farmer was pleased to enlighten the cop. "Circle flies are
common on farms. They're called circle flies because
you almost always find them circling the back end of a horse."
The
trooper continues writing for a moment, then says, "Hey,
are you trying to call me a horse's behind?"
"Oh
no, officer." The farmer replies. "I have too much respect
for law enforcement and police officers for that."
"That's
a good thing," the officer says rudely, then goes back
to writing the ticket.
After
a long pause, the farmer added, "Hard to fool them flies,
though."
You
Can Now Get 85% LTV Financing
Do
you own a fairly standard commercial property, like an office
building, retail center, or industrial building? C-Loans
now has CMBS lenders (long term, fixed rate loans that are
securitized) who will lend up to 85% loan-to-value!
The
way this done is that the CMBS lender makes a loan that
is 80% LTV. Then a mezzanine loan partner makes a
mezzanine loan up to 85% loan-to-value. The permanent
lender handles everything, so it's seamless to you.
Borrowers
use these loans to buy commercial properties, buy out partners,
and to clean up ballooning junior loans. The minimum
total financing is $3.25 million. To find one of these
aggressive lenders, simply apply through C-Loans.
Winking
Joke
The
teacher was standing outside her room as the children entered
one morning. Along came little Maury, deliberately
winking his left eye. "Why, little Maury," smiled the teacher.
"Are you winking at me?"
"No
ma'am, just got my turn signal on," little Maury replied,
making a neat left turn into his room.
Executive
Level Joke
An
Indian walks into a cafe with a shotgun in one hand and
leading a bull in the other. He says to the waiter,
"Me want coffee."
The
waiter says, "Sure chief, coming right up." He gets
the Indian a tall mug
of coffee, and the Indian drinks it down in one gulp, grabs
the bull, blasts it with the shotgun, then walks out.
Four
days later the Indian returns. He has his shotgun
in one hand, and he is
leading another bull in the other. He walks up
to the counter and says to the waiter, "Me want coffee."
The
waiter says, "Whoa, Tonto, we're still cleaning up from
the last time you were in here. What the heck was
all that about, anyway?"
The
Indian says, "Me in training for Executive Management job.
Drink coffee, shoot the bull, and disappear for a
few days."
The
Next Big Thing
Let's
suppose you have just sold one of your rental properties,
and you are looking for a new property into which you will
complete your exchange.
There
are now exchange companies that purchase institutional grade
commercial properties and then sell off a piece of the ownership
of these trophy properties to investors needing exchange
properties.
For
example, suppose an investor is 61 years old, and he is
getting too old to continue to manage his 20-unit apartment
building. This investor might sell his 100% ownership
interest in his 20-unit apartment building and then use
the proceeds to buy an 8% ownership interest in a gorgeous,
professionally-managed office tower. Often the exchange
company will master-lease the office tower, thereby providing
the investor with a promised return of 7%.
If
you are slowing down, or if you just can't find a satisfactory
exchange property, please send
me an email with the words, "Exchange Property"
in the subject.
Goodbye
If
you need a fast, private money loan for only one point,
please call 916-338-3232 and tell our loan officer that
you are a "private client".
If
you need a mezzanine loan, a construction loan, or an "A"
quality permanent loan, we encourage you to come back to
C-Loans and apply to our 750 banks.
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