email leasebuyer@LeaseForward.com or call 909.636.4096
WHY?
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| | Reasons for Converting Tenant Leases to Cash - The money needed is not enough to warrant refinancing a building loan
- Your current building loans are at very low interest rates and by refinancing you risk a substantial rate increase
- The fees associated with refinancing are too high
- The time to refinance takes too long
- No need to use cash reserves for unplanned repairs
- Within a few days the capability to have large sums of cash in hand. Taking advantage of "good deals"
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ACME Scenario: ///
ACME
Property Company needed a new roof on one of their industrial tilt-up
buildings, estimated at $30,000. By selling just 2 twelve month leases
of their 40 leases in the complex ACME did not need to use their cash
reserves and the roof was finished.
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Jims Scenario: ///
Jim
owns a couple commercial buildings he leases to government agencies on
ten-year leases. Jim's dream home on the lake whet up for sale. This
home required a substantial down payment. So Jim could document
seasoned funds required by the residential lender in qualifying for his
new home, he sold LeaseForward one year of the eight years remaining on
the government tenants.
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Bradley Company Scenario: ///
Bradley
Properties Company ran across a sweet deal on some commercial land,
they knew if they build immediately they would profit 10 fold. Bradley
Co looked at refinancing their current buildings and even with the low
LTV's the interest rates would increase 3% over their current rates,
not to mention the fees and headaches associated with refinancing.
Bradley Company looked at LeaseForward as an alternative that made
sense. By selling one three-year lease, they were able to purchase this
land cash and then finance the construction using the land as a
collateral down payment.
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