Challenge
Our clients come to us looking for solutions and guidance when looking to make their dreams a reality. Many of our clients are small business owners that are looking to expand or find the perfect property.
In this case an local investor wished to construct a multi-family property. The investors goal was to use the property as a second investment to further grow their portfolio. The inital asking price of the investee was $700,000 for a Mult-use property to construct for tenat use.
The Clients business credit/ History was fairly young and did not have the stability to get approved from regulated banks.
In this case an local investor wished to construct a multi-family property. The investors goal was to use the property as a second investment to further grow their portfolio. The inital asking price of the investee was $700,000 for a Mult-use property to construct for tenat use.
The Clients business credit/ History was fairly young and did not have the stability to get approved from regulated banks.
Solution
The finacial advisors decided to re-evaluate the property value that the client was initialy asking for. Looking through the financials and potential of the property to be succesfull. Omega aproved a commercial loan for $600,000 with a Low interest rate and steady repayment plan.
Multi-Purpose and Multi-Family Property Loans are great portfolio expanding investments. Contact us to learn more.
Omega handles Investment ideas and plans of all sizes, we work to get you your dream establishment.
- Clients are repsonsible for providing proof of potential succes.
- Financial Advisors that work alongside your efforts
- Determined quick and efficient closing process.
