Sunday, November 15, 2009

Finally!! Our green ship has landed!


Great news, folks......our funding for our green projects have finally passed all of varioius compliance hurdles and scrutiny obstacles....we should be funding this week!

Wednesday, October 7, 2009

What is a "helicopter broker"? - and how they actually disrupt transactions

     I'll have to put this term in the new urban dictionary: Helicopter Broker. This is the broker that hovers over every aspect of the transaction where his or her participation is not needed. Often, a broker will refer a transaction to us. If we accept the deal, we take over from there. We are perfectly capable of handling the file once it is handed off. The helicopter broker tends to hover over every aspect of the transaction and require instant, constant updates as to the progress of the file and questioning every decision and procedure along the way.
     As a referring broker, the best posture to take is to sit back, relax and let things happen. Being a "Nervous Nellie" only irritates all of the parties involved and ultimately spooks the borrower into getting nervous over nothing.
     We, as a procurring broker, with a direct relationship to the funder have ONE PERSON designated to speak with the funding source. This protocol keeps things simple. A funder does not want to answer to 6 different people or answer the same question 6 times. Not to mention...the number one cardinal sin of broker etiquette is to circumvent the procurring broker and contact the funder. That is bridge burner. It will also cost you your commission.
     My advice to helicopter brokers is to spend their time looking for other deals, rather than focusing on a deal that is already in motion and in competent hands.  
   




Sunday, October 4, 2009

The Truth About Venture Capital


Here is my Article as Published in the Scotsman Guide About Venture Capital
Please click on this LINK
-Enjoy, Brian Walker

Thursday, September 24, 2009

Danger! Do Not "Shop Your Deals"- It only hurts you...the developer and the broker


Time are tough. Enough said. One of the worst things you can do is "shop your deal". What I mean by this is sending your transaction (currency exchange, project development) to a) multiple funders; or b) multiple brokers. The most dangerous is sending it to multiple brokers. Or worse yet, a broker(s) accepted your project but doesn't have a funding source.

First, this is unethical on the broker's behalf, secondly the obvious will happen: He will send your project to every funding source and broker on the planet in hopes that someone will fund your deal. The best way to prevent this is to qualify your broker by asking if he already has a funding source that would accept your project. If he doesn't, don't give him your file. If he does, he should be able to explain the relative terms of the financing immediately or within 24 hours after contacting is funding source.

Why shopping hurts you: it's a small world in the universe of performing funders and brokers. We all know each other. There are some files that I see submitted to our company by 5 or 6 different brokers...funders simply turn down files they see more than once because they assume there's something wrong with the file,they turned it down previously, or they'll pick up the phone and call their other colleagues and ask them why they turned it down.

Why? Probably because the original broker was a rookie and just sent in a bunch of files that made no sense. WCF has our own in-house underwriter and we MAKE FILES WORK. Yes, files that have been turned down. They were good files, just not submitted properly. So we have go back to the funder after hearing, "we saw this file and turned it down" and explain why the deal will work.

Currency exchange deals won't tolerate ANY shopping. If they see the same deal twice, it is immediately declined and the client is blacklisted.

Solution: qualify your broker and make sure he is direct to a performing source or a broker that is. Often, that is WCF.
To learn more about our company feel free to watch this one minute video: ABOUT WCF

We can be reached at 281-852-9422

Thursday, September 17, 2009

Clearing the confusing on MT103/23- Necessary for Diamond Transactions

In Short, the MT103 portion verifies funds are available for that specific purchase, the 23 field releases the funds once buyer and seller reach an agreement, the release is controlled by the buyer.

"Field 23 - Instruction Code" is where the remitting bank (at the request of the remitter) puts in a simple code instructing the beneficiary's bank how to effect the payment, such as "Credit Account under Advice", "Telephone beneficiary on receipt", "Pay against passport" and such like.

The authorities decided already at the end 2002 that within the year 2003 the Swift MT 799 should not be used anymore and should be replaced by the specified formats like MT 103/23 or MT 543.· The reason is that the MT 799 is a free text message of the Swift 700 series and with slightly changing of different words some restrictions, like free transferability for example could have been circumvented. Furthermore the authorities want, that banks and their branches participating in this business must assure that the bank officers and the Swift departments are properly trained.

It is of course the situation that a Free Text Message can be written by everybody, while issuing and sending a MT 103/23 or MT 543 requires a special and expensive training at the Swift academy for every bank officer. This way the participating banks/branches are controlled stronger and only highly qualified bankers can make the executions circumventing corruption inside the banks.

CONDITIONAL SWIFT VERBIAGE
S.W.I.F.T. FORMAT MT 103/FIELD 23
WE, , HEREBY PRESENT OUR IRREVOCABLE, ASSIGNABLE, TRANSFERABLE AND CALLABLE CASH BACKED S.W.I.F.T. WIRE TRANSFER MT 103/FIELD 23 CONDITIONAL IN YOUR FAVOR FOR THE ACCOUNT OF IN THE AMOUNT OF US$ ( UNITED STATES DOLLARS) FOR THE PURCHASE OF THE BANK INSTRUMENTS HEREIN DESCRIBED BY VERIFICATION OF REGISTRATION CUSIP NUMBERS CORRESPONDING WITH THE ISSUED CALLABLE CUSTODIAL SAFEKEEPING RECEIPTS WITH PHYSICAL DELIVERY TO BE MADE THEREAFTER. THIS S.W.I.F.T. IS CONDITIONAL UPON OUR ACCEPTING THE CERTIFIED BANK INVOICE.

WE HEREBY CONFIRM THAT THE FUNDS ARE GOOD, CLEAN AND CLEARED FUNDS OF NON-CRIMINAL ORIGIN AND ARE FROM A LEGAL SOURCE.

THIS IRREVOCABLE S.W.I.F.T. IS A BINDING FULLY PERFORMED DUE BILL AND IS IMMEDIATELY CALLABLE ON US FOR CASH PAYMENT AGAINST THE BANK CERTIFIED INVOICE CONDITIONAL UPON OUR ACCEPTANCE FOR THE PURCHASE AND DELIVERY OF THE BANK INSTRUMENTS SPECIFIED BELOW:

INSTRUMENTS :
CURRENCY :
UNITED STATES OF AMERICA DOLLARS
TERM : ( ) YEAR(S) AND ONE (1)DAY INTEREST : % ( PERCENT)
COUPON ISSUING BANKS : FROM TOP TWENTY-FIVE (25) WESTERN EUROPEAN
BANKS RATED “AA” OR BETTER WITH NORMAL EXCLUSIONS
DENOMINATIONS : $10, $25, $50 AND $100 MILLION UNITED STATES DOLLARS

THIS CONDITIONAL, IRREVOCABLE, DIVISIBLE, ASSIGNABLE, TRANSFERABLE AND CALLABLE S.W.I.F.T. WIRE TRANSFER IS VALID FOR TEN (10) BANKING DAYS FROM ____ DAY OF ________ 2004 AND UNTIL THE ____ DAY OF _______ 2004 1700HRS CENTRAL EUROPEAN TIME.
http://www.wallstreetfunds.biz/Bankers/MT-103format.htm

Friday, September 11, 2009

Rough Diamonds For Sale - Send Us Your Wish List

Through our mine funding programs we have formed strategic alliances with sellers of rough diamonds around the globe. Truly, there is no order we cannot fulfill. Please contact brian at brian@walkercf.com or 281-852-9422 for our Diamond Buyer Letter that will give you further instructions on how to do business with us. Direct buyers and mandates only, please. You may also skype me at brian.walker7 for the fastest response. Visit our website.

Monday, September 7, 2009

Mine Funding Available Now!


If you have a mine that needs funding, Walker Commercial Funding is one of the few resources you can count on for meeting your funding needs. We write bonds based on your business plan, and asset (with sound geologicals/assays) and proper proof of ownership. All of the details are on our webiste. Just click on this link: FUND MY MINING PROJECT!

Or send an email to mines@walkercf.com
http://www.walkercommercialfunding.com/mining.html

Saturday, September 5, 2009

100,000 Carats -Rough Diamonds For Sale

This just came in....contact me at brian@walkercf.com if you are a mandate, buyer or direct to a buyer of rough diamonds and I will send you the manifest and procedures.

Saturday, August 29, 2009

Rough Diamonds for Sale from Brazil


...direct from the miner
From Brazil….
3-5 carats $7-900 a carat
5-10 carat $1100-1700
10-16 carats and above avg price is $1500 per carat

Clarity –VS1 Color D to H
Table Top Meetings are being arranged around the US for September. Mandates and Buyers only. Contact Brian at brian@walkercf.com 281-852-9422

Monday, August 3, 2009

Currency Exchange with No Middlemen


Walker Commercial Funding has formed an alliance with the largest international currency exchange agency in the world. We can convert dollars, euros, yen and rubles -either direction. Other currencies are considered on a case-by-case basis.

To submit your exchange, we will require your name, company name and the details of your exchange. Sanitized requests will not be accepted. Every submission is screened through the agency's international compliance/fraud and blacklisted persons list.

The process is very fast, professional and adheres to every level of compliance both domestically and internationally. We are direct to the exchanging entity. Please submit your currency exchanges to loreley@walkercf.com. Or skype us at lore.wolters
You can reach us by phone at 281-852-9422

Wednesday, July 29, 2009

Banks are Getting Higher Paid Higher Interest Rates by the Feds Not to Lend


This will make your stomach turn. American developers and entrepreneurs deserve better than this. This is one of the reasons why Walker Commercial Funding remains active and connected with our private funding sources. This video is both disturbing and real. Wonder why banks are lending? Watch this video!!
WATCH THIS CONGRESSIONAL HEARING- COMPLETE FRAUD AT THE FEDERAL LEVEL

Clearly, privately funding your project is more likely and possibly your only option as a developer. If you are a developer looking for institutional funding source, I hate to break it to you but you are in caught in the proverbial "chinese fire drill."

Sunday, July 26, 2009

Where Do These Sharks Come From?



There is a code of ethics among mortgage brokers/intermediaries that seems to be violated more and more every day. I don't know if I would call it disgusting, discouraging our just plain sad.

Walker Commercial Funding sees hundreds of transactions every month and inevitably we run into a few "joker brokers" that think the world revolves around them and their commissions. Obviously, we distance ourselves from these characters as soon as possible.

A few months ago, I was published in Scotsman Guide, a magazine that has a target audience of mortgage brokers. Evidently, some of the people we have been dealing with haven't read the article. To read it, please click here.

The acts of weaslery are too many to mention, but here's an example of what we deal with:
A broker gives a client an approval letter and collects a $5,000 due diligence fees. He even listed his own company as the funder and that his company would be in a first lien position, just to make the approval look legitimate. The truth is that he didn't even have a funding source. So he gave the file to another broker that submitted it to us.

Who do we pay? The broker that submitted it, of course. Just because the previous broker had a fraudulent approval letter with terms and the "appearance" of an approval and the client's signature doesn't entitle him to anything other than a deceitful practices law suit. Had he submitted the deal to us, we would pay him. But we pay the broker that submitted the transaction to us. That broker then shares his success fee with the broker that gave him the file to fund.

Remember: once you pass your client to another broker, you become a referring broker and the broker you passed it to determines how much you make on it, if it hasn't already been determined. Your agreement with the client for closing the loan and your fees are null and void because you aren't the PROCURING BROKER. Period.

What makes this broker even more laughable is that when it came time to pay the funder a measley $3,000 in due diligence fees (which he had already collected). He refused to pay it. My own company had to pay it.

Once this broker learned who was funding the deal, he immediately began claiming "his deal" and even had us fooled for a while, but when we asked him to document how and when he submitted the file to us, he could not. He did not submit the deal...that's why he called to check on it 15 times a day.

Lesson Learned: If you do not submit the file to us, you will not be paid when it closes. Whatever agreement you have with the client becomes null and void because you are not the procuring broker. Have we circumvented you? No, we have no business with you. Our business is with the broker that submitted it to us. And if you send us an NCND after the deal has been submitted, that won't fly either.

I'll save another act of weaslery with you later...until then. Good selling. Always tell the truth: good or bad and you'll have no worries.

Monday, June 29, 2009

Never Any Upfront Fees....

To set the record straight. Walker Commercial Funding never has nor never will charge upfront fees. We only accept projects that we feel a) have a very high probability of closing and b) we already have a funding source(s) for.

Evidently, there is another company out there that has the same name as us and does charge upfront fees. We are not that company. I encourage you to check out our website. Our "no upfront fees" policy is over 3 years old and we've never operated otherwise.
Thanks,
Brian
No Upfront Fees

Thursday, June 18, 2009

We Are Funding FHA 221, 223, 232, 242 programs


What does that mean? Up to 90% Loan-to-cost funding on:
1. Assisted Living
2. Multifamily
3. Senior Housing
4. Affordable Housing
5. Health Care
6. Some Hospitality

Thursday, June 11, 2009

We Have Gold For Sale



We Have Gold For Sale. All types: Gold Bullion, Gold Mines, Gold Dust. We are direct to the sellers. We do not deal with broker chains, only brokers direct to the client. Please forward exactly what you or your client is looking for and we will provide you with the procedures for buying the gold. Please forward all information to brian@walkercf.com or call me at 218-852-8298. For your convenience here is our NCND.

Wednesday, June 3, 2009

Good News for International Green Projects


Good news for projects outside of the US. Our first round of funding was focused primarily on green projects that were qualified for green credits.

With the huge influx of international projects we are receiving, we are expanding our lending parameters on a country-by-country basis. If you have an international project and have all of the gov't or international green credit information, please contact us. Brian Walker brian@walkercf.com or skype me at brian.walker7 phone-281-852-9422

Friday, May 29, 2009

Top Lender Survey from 2008---Numbers Don't Lie



hmmmmmmmm.......2008 was awful. The numbers don't lie. Of the top 25 directinstitutional lenders surveyed*, here's just the top 4:
1. B of A 129B-USD
2. Wells Fargo 31B USD
3. Wachovia 13B USD
......6. Isn't even in the single digits Capmark with 7.8B

So, what does this mean? Banks didn't lend last year, unless it was to another bank or by syndication and they will lend even less this year. PRIVATE MONEY is your only option for financing. When you've exhausted your resources with direct institutional funders, please give us a call at 281-852-9422. We are seeing more private channels pumping money into the commercial finance world every day. Enjoy the cartoon...
Brian Walker- Walker Commercial Funding
* this information was taken from a leading national commercial real estate magazine

Monday, May 11, 2009

Waste-to-energy projects in Eastern Europe

We have access to a venture capital fund that is actively seeking to fund these projects. Please feel free to call our office at 281-852-9422

Friday, May 1, 2009

It's good to be back...


I seldom leave my office for productivity reasons, but my latest trip was very well spent. I will detail the new programs and opportunities on this blog and my green energy blog sometime this weekend.

Great things are happening in the private space! If you have green projects...be sure to fill out our FORM and get your project(s) submitted....more later!
Brian Walker

Sunday, April 26, 2009

Private Money is Active!


Understanding the difference between PRIVATE funding and INSTITUTIONAL funding....

Banking as we once knew it is gone for a very long time. In fact, very few institutional banks funded large commercial projects in 2008. I have substantial visibility into the market and the only institutional activity I saw was banks calling their notes due immediately. Banks were forced to do this because of their own liquidity issues and many developers were left with no funds and the project(s) came to a screeching halt.

"Joe Developer" then knocked on every bank's door only to find the same answer: "sorry, we are not lending right now."

Since the death of institutional banking, the developers have gone to the private equity world to get their projects funded. My company has always worked exclusively in the private equity side of funding and have had to introduce many of these seasoned developers to the private funding world. Fortunately, this world is actually more simple and efficient than the traditional, institutional banking model. There are, however, some differences that anyone seeking private financing for the first time needs to be made aware of.

1. Your private funder usually has his own idiosyncrasies. For example, a funder may only be interested in hospitality projects in Costa Rica, Mexico and Panama. That's just his funding footprint. He knows the area and is comfortable lending there.

2. There are no referrals in the private money world. Period. Your local bank advertises their closings. Private money never discloses their transactions or their clients. Your private funder will have you sign an NCND, which means you cannot even reveal who funded your project. This protects the funder. He does not want to be vetted, interviewed or interrogated. He usually has a "gate keeper" or "master broker" that will qualify you. Once you fit his funding footprint, he will want to meet you face to face. At this point, the funder will give you every comfort level you will need to assure you of his abilities to fund your project.

3. Private money moves fast. If you, as a developer, have all of your business in order, you can fund in as little as a week.

4. Private money has no rules. Every funder has their own terms and will structure a loan in the most "make sense" way for your project. It's best to hear what is offered than tell him what you will accept. As the old addage goes, "the tail will not wag the dog".

Walker Commercial Funding works exclusively with private money sources. Feel free to contact us for more information. 281-852-9422


Tuesday, April 21, 2009

Bio-Tech is HOT!

If you have any bio-tech projects or clean-tech projects in need of funding/venture capital, please visit our website and find a one of our professionals nearest you.
Thanks,
Brian

Friday, April 17, 2009

The truth about appraisers and their role in your commercial transaction


In the recent past, nearly 70% of all commercial appraisals were ordered by the banks that were going to fund the project. Now that banks are absent from the performing funding space, many developers are left with the responsibility of ordering an appraisal. Unfortunately, many of the appraisals they order and submit are simply unacceptable to 90% of our funding sources.

As a rule of thumb, if you don't have an appraisal, don't order one. Let the funder that has an interest in your project suggest one that you use. Otherwise, if you want to order your own appraisal, there are few bits of advice to follow:

1) Ask your mortgage broker who they use and have had success with. Be prepared to spend more than what the local guy quoted you. Your mortgage broker is always going to choose an appraiser he or she has had success with and gotten deals funded with, which is your primary objective.

2) If you want to shop yourself, make sure the appraiser is MAI certified. The acronym stands for Member of the Appraisal Institute. It's no simple achievement to get this accreditation. MAI appraisers must meet the following criteria for accreditation:

  • Receive a passing grade on 11 examinations that reflect 380 hours of classroom instruction and that test the appraiser's knowledge of basic and advanced appraisal principles, procedures and applications; report writing; valuation analysis and standards of professional practice
  • Receive a passing grade on a four-module, two-day comprehensive examination
  • Hold an undergraduate degree from a four-year accredited educational institution
  • Experience: Receive credit for 4,500 hours of experience, all of which must meet strict criteria


3) Anyone that is not MAI certified will perform your appraisal at about half the cost, but...it's a fool's errand because your finder is going to require that you get an MAI certified appraisal. So, you end up paying for two appraisals.

4) Try to find someone that is familiar with your area and project type. This enables them to do them faster and at a lower price.

While this is not the appropriate place to give recommendations, feel free to contact me at my office and I'll gladly steer you in the right direction

Monday, April 13, 2009

Do you have tax credits for: Solar, Wind or Low-Income Housing?


If you do, we need to talk. There's a very high probability of Walker Commercial Funding being able to fund your project if you do. Please call Brian Walker at 281-852-8298 or email me brian@walkercf.com.

Thursday, April 9, 2009

Walker Commercial Funding Announces A Green Division



Walker Commercial Funding will open its Green Division May 15th. We have made strategic alliances with several funding partners and will be defining specific guidelines and funding parameters over the next thirty days.

To support this division, we are rolling out a new website: www.walkercommercialfunding.org as a central point for information on the new projects and program guidelines. (please forgive it's appearance, we won't hand it over to our web designer until we have finalized the content.)

If you have a green projects, feel free to call us or follow the directions on the website for submission.

Additionally, a portion of the profits generated from all of the green fundings will be donated to a charity yet to be named. If you have one in mind, we would be happy to consider it.

Monday, April 6, 2009

Seeking More Asset Based Lenders


Wanted: Asset Based Lender Looking For A Turn-Key System! Walker Commercial Funding consists of 20 seasoned professionals. We speak 9 languages and live on 4 continents. We have our own in-house underwriting team and can do everything from site visits, underwriting, securing financial guarantees to ordering docs. We know what we are doing!

Our existing relationships are fantastic and we are funding loans, we simply have more more transactions and deal flow than our present funders can handle in a timely manner.

We presently have a $70B pipleine and are looking for ABL and/or investors to help us fund it. To learn more about our company, please see this short You Tube Video: http://www.youtube.com/watch?v=TezvT21iEgk

Please contact Brian Walker at 281-852-8298 or brian@walkercf.com to take advantage of our "turn-key" opportunity

Friday, April 3, 2009

Dealing With Daisy Chains of Commercial Mortgage Brokers and Working in the Spirit of Cooperation



Only the truth here folks! Please click on the link below from Walker Commercial Funding:

Dealing With Daisy Chains of Commercial Mortgage Brokers and Working in the Spirit of Cooperation

Brian W. Walker, EzineArticles.com Basic AuthorWalker Commercial Funding, Brian Walker

Thursday, April 2, 2009

Secondary is Coming Back....

but no one knows exactly when. What this means, is that the secondary market (Wall Street) that buys CMBS (commercial mortgage backed securites) will be revived when the government buys up all of the bad CMBS out there.

There has been zero movement in the secondary market for 18 months. So, hopefully this will help the little guys out there (small balance commercial loans $5M or less).

Walker Commercial funding has always played in the private space so, this is almost irrelevant to us. But it is still good news. I will let you know when there is some actual movement in the market...we hope, for the benefit of everyone, that it is within the next 60 days.
-Brian Walker
Walker Commercial Funding

Saturday, March 28, 2009

Brian Walker Explains Walker Commercial Funding's Business Model

Hey Folks,
This is the first is a series of videos that explain Walker Commercial Funding's business model, philosophies and protocol for our borrower to maximize their experience with our company. Subsequent videos will be more focused on specific products and market niches where we are able to perform. As you know this is a moving target, so check in daily....or subscribe to my www.youtube.com account to get the videos delivered directly to you.

On a final note, these videos are to to inform and educate, I'm no Brad Pitt, but we do know how to get your loans funded...and we are the undisputed Picasso's in that space. If you are more into the written word, you can find our published articles here.
Thanks,
Brian Walker
Walker Commercial Funding

video

Walker Commercial Funding is Funding Mexican Projects! International Funding Has Officially Thawed!


Hey Folks, the ice has finally thawed for funding Mexican projects. I'm very pleased to announce that we will be closing 3 three Mexican transactions (one land and two resort projects) on Monday and Tuesday of this week. No, these are not miracle closings. They are just "make sense" deals that should have been funded a year ago when the market just completely locked up.

The good news, however is that funding is happening again..at low LTVs. These projects all have 65% LTC or less, but we can now honestly say that the international funding windows are now open again!

Walker Commercial Funding can be reached at 281-852-9422. We consists of 20 seasoned commercial professionals, speak 8 languages, live on 4 continents and have our own in-house underwiting department. Please visit our spanish website for our spanish speaking professionals.

Thursday, March 26, 2009

Brokers Working In the Spirit of Cooperation- Broker Etiquette



The last two years of the banking debacle has had an unfortunate result for commercial developers. Anyone in the industry knows that very few commercial loans were actually funded in 2007 and 2008. This is a time when institutional banks hemmed and hawed, changed their guidelines and sat on top of loans that they never funded. The truth is that they did not have the liquidity to perform but just did not have the courage to turn away business for fear of losing depositors.

The only loans that closed were those that were being submitted to the private bankers and asset managers. We know this to be true because our company, has always worked exclusively in this space: private equity and asset based lending. Now that the commercial world has come to the awakening that their main street bank is not going to loan them any funds for their project, they are crossing over to the private money world to get back on their feet.

Out of their desperation, the developers may have contacted multiple brokers (who have no connections in the private money world), and eventually find a performing funder. By the time the loan gets to our desk, it looks like this: Joe referred it to Bob, who referred it to Jane and Jane presented the project to us. We are direct to the private money. Now we have a daisy chain of 3 brokers, all expecting to make 2 points for "funding the loan", and the developer is nervous because Joe tells him he's going to have to charge him 8 points...to include 2 points for everyone, including us.

This is where we step in and give everyone a reality check. No one in the chain is entitled to anything other than a referral fee. The only broker entitled to a commission, by law, is the procuring broker. That woud be us. Of course, there is always diplomacy in distributing the commission. We don't have to wave the law into the other broker's faces, but we always clearly explain that we need to work in the spirit of cooperation and the service agreement the borrower signed is void because they didn't actually provide the funding source, they merely referred him to the source.

It works both ways, there are times when we co-broker and take a referral fee from another broker. In this market it's all about working in the spirit of cooperation with other brokers and developers and just getting the project funded. We are direct to 10 private funding sources, but use several others, always putting the client first.

Brian Walker President and CEO Walker Commercial Funding Please visit our website for more information on our programs and services http://www.walkercf.com brian@walkercf.com (281) 852-8298 Skype: brian.walker7 Walker Commercial Funding speaks 8 languages and funds world-wide! Feel free to contact Brian Walker with any questions you may have.

Brian Walker, President and CEO of Walker Commercial Funding

Tuesday, March 24, 2009

Multifamily Financing Rides Again!



Hey folks, if you have a multifamily project: refi or construction....bring it on!
Many failed condo projects are now converting to multifamily or condo rentals so they can get financed and get back to work! Call Brian Walker with Walker Commercial Funding at 281-852-8298 or brian@walkercf.com for details.

Monday, March 23, 2009

Refinances for 10M and up properties, Must have 5M in Equity

No Credit Check

No DSCR (it doesn't have to cash flow)

5% interest rate fixed for 3 years

3 Year balloon and no payments for three years.

Call Brian Walker at 281-852-8298 for more info.

wwww.walkercf.com
Brian Walker is President and CEO of Walker Commercial Funding. Walker Commercial Funding funds projects around the globe, but this program is restricted to the US.

Funding your mining projects

Read this article!

Other Articles by Brian Walker of Walker Commercial Funding

Saturday, March 21, 2009

Our Websites Are In Spanish and Dutch!





As you know, Walker Commercial Funding has a world-wide presence. I encourage to visit our websites translated in both Spanish and Dutch

Our international team speaks a total of 8 languages and our funders are presently in the US, Europe, Australia and Asia.

http://www.walkerprestamoscomerciales.com - Spanish
http://www.walkercf.eu - Dutch
http://www.walkercf.com - English

Thursday, March 19, 2009

New Commercial Refi Program for Properties 10M and Above

COMMERICAL LOAN OFFER


WE ARE PRESENTING LOANS TO AVAIL AN ALTERNATIVE MEANS TO THE REFINANCE OF COMMERCIAL PROPERTY IN THE USA

The Commercial Lender / Operator that we introduce will refinance your Commercial Property in the United States (mainland) using the following formula;


50% of the Appraised Value

- any/all Debts against the Property

= Equity

X Multiple of up to 10



Wherein, if the Appraised Value of the Property is USD $ 20 Million and fifty percent (50%) of that Value is USD $ 10 Million and assuming there is an unpaid Mortgage on said Property of USD $ 4 Million, then the Equity balance via this formula would be

USD $ 6 Million.

The Lender / Operator will afford a loan of up to ten (10) times the Equity, so assuming upon evaluation, a 5 X multiple is requested and/or accepted then the loan of

USD $ 30 Million (20M x 50% - 4M = 6M x 5 = 30M).



The LOANS are presented as

»5% Interest – Fixed

»3 Year Balloon

»NO Payments for the 3 Years (optional)

»NO Personal guarantees



The MINIMUM Equity against which this type of Loan is offered is USD $ 5 Million.



TO APPLY –

One (1) Page Loan Application (Simple Form Letter. NO form 1003)

Copy of Title Policy

Copy of Current Appraisal



NO credit review, NO personal guarantee, NO lengthy mortgage application.



Please review and advise if you should have any questions or comments.

We look forward to assisting you.

Interest rate is 5% fixed.

· No Raw Land

· US Only

· Must be Brick and Sticks….

· NO DSCR

Walker Commercial Funding www.walkercf.com brian@walkercf.com 281-852-8298