Global Cash Flow Underwriting Checklist for Owner-Occupied Real Estate
A global cash flow underwriting checklist evaluates combined operating business and personal cash flows. Essential items include three years of business and personal tax returns, detailed debt schedules, interim financials, personal financial statements, and proposed debt service calculations target
SBA 7(a) Loan Broker for Owner-Occupied Real Estate Acquisition
An SBA 7(a) loan broker structures and places financing for owner-occupied commercial real estate acquisitions up to $5 million. Eligible acquisitions require at least 51% owner occupancy, offering up to 90% loan-to-value with 25-year fully amortizing repayment terms.
SBA 7(a) Cash Flow Debt Service Coverage Add-Back Checklist
To calculate SBA 7(a) debt service coverage (DSCR), acceptable add-backs include non-cash expenses like depreciation and amortization, existing interest expense, discretionary non-essential owner perks, and documented one-time extraordinary expenses supported by tax returns and business records.
SBA 7(a) vs. 504 Prepayment Penalty Comparison: Exit Costs & Timelines
SBA 7(a) real estate loans have a 3-year prepayment penalty (5% in year one, 3% in year two, 1% in year three). Conversely, SBA 504 debentures feature a 10-year declining penalty, scaling down 10% annually until burning off.
1031 Exchange Financing: Loan Structures, Deadlines, and Debt Replacement
1031 exchange financing secures debt for replacement properties to satisfy IRS equal-or-greater value and debt-matching rules. Investors utilize bridge loans, DSCR financing, or conventional commercial mortgages to close within strict 180-day deadlines and eliminate taxable mortgage boot.
CMBS Conduit Loans for Retail: Underwriting, Terms, and Execution Guide
CMBS conduit loans for retail provide non-recourse, fixed-rate debt pooled and sold to bond investors. At Thorne CRE, we utilize them for shopping centers and net-lease properties, offering up to 75% LTV with 5-to-10-year terms.
SBA Loan Prepayment Penalty: 7(a) vs. 504 Comparison and Calculation Guide
SBA 7(a) real estate loans carry a three-year declining penalty (5%-3%-1%) triggered when prepaying over 25% of principal. In contrast, SBA 504 debentures require a 10-year declining penalty based on the debenture rate, decreasing by 10% each year.
Multifamily Acquisition Loans: Comparing Agency, Bank, HUD, and Bridge Capital Options
A multifamily acquisition loan provides debt capital to purchase 5+ unit apartment properties. Common structures we arrange include Fannie Mae and Freddie Mac agency debt, HUD/FHA loans, balance-sheet bank loans, and bridge capital tailored to leverage and business plans.
Multifamily Debt Management for Portfolio Sponsors
Multifamily debt management involves structuring, monitoring, and refinancing apartment portfolio liabilities. Effective strategies compare agency debt, bank balance-sheet loans, and bridge capital to optimize leverage, manage interest-rate exposure, and navigate upcoming debt maturities while prese
Single-Tenant Net Lease Financing: Underwriting, Terms, and Debt Structures
Single-tenant net lease (STNL) financing funds commercial properties leased to a single occupant under a net lease. Lenders primarily underwrite the tenant’s credit rating, lease duration, and real estate fundamentals to deliver competitive LTVs and non-recourse terms.