IRA/401k Self Directed Roll Over Strategy Did you know that you could use your IRA or 401 (k) to fund the down payment on a business or investment property? INVEST IN YOURSELF !!!! • Re-direct retirement assets to purchase a business where the success of your investment is in YOUR hands • Increase purchasing power • Purchase [...]
Use IRA/401K to Finance Inn Purchase
2011 Inn Financing Update
Aspiring Innkeeper’s… 2011 Financing Update! By Rick Newman, Managing Partner of Commercial Capital Network, LLC 2011 will be a challenging time in the financial markets as bank and non bank lenders alike are forced to re-evaluate lending parameters to adjust to the pressures of the time. The number of lenders has diminished in the last [...]
2011 Refinance Update
Innkeeper’s… 2011 Refinancing Update! By Rick Newman, Managing Partner, Commercial Capital Network Property Owners wishing to reorganize debt to make capital improvements or refinance a loan that is ballooning or adjusting would be well advised to begin the application process in the early part of 2011. Rates are low but may not be for much [...]
Using 401k/IRA Assets to Purchase a Business or Commercial Property
By Rick Newman, Managing Partner of Commercial Capital Network Few investors/entrepreneurs realize that they have the ability to finance the purchase of a business with retirement funds. Most people believe that there are only two options available to them if they want or need to access capital from their plan/s. Borrowing involves repaying the principal [...]
Verified Financials™ Overview
CCN’s Verified Financials™ program is designed to provide Innkeepers and realtors a designation that can be used to instantly differentiate their hospitality property listing from other B&B listings on Industry Websites, Multiple Listing Services, and conventional advertising. CCN’s Verified FinancialsTM certification signifies that an independent evaluation of the inn’s business financials has been conducted and [...]
Pre-Qualified Buyer™ Overview
CCN’s Pre-Qualified Buyer™evaluation and designation, was designed to provide Aspiring Innkeepers a credible way to quantify how much purchasing power they really have as it relates to identifying hospitality properties that best fit their financial qualifications and investment objectives. The designation, certifies that a review has been conducted according to generally accepted commercial underwriting guidelines, by verifying [...]
Credit Report’s and Reporting Agencies
Note: This material is being provided for general information purposes. This overview is intended to alert the reader to the importance of managing his/her credit. General guidelines, material and other information is being provided as a courtesy. No representations or warranties are made as to the accuracy or processes covered herein. The Credit Tier Examples [...]
Using Your 401k/IRA to Purchase a Business or Commercial Property
By Rick Newman, Managing Partner of Commercial Capital Network Few investors/entrepreneurs realize that they have the ability to finance the purchase of a business with retirement funds. Most people believe that there are only two options available to them if they want or need to access capital from their plan/s. Borrowing involves repaying the principal [...]
Down Payment 401k
Financing a Bed & Breakfast or Country Inn
All Bed & Breakfasts/Inns are unique by design; in fact, it is that unique quality that separates one Bed & Breakfast/Inn (B & B/Inn) from the next. Innkeepers invest their energy and capital over time to create a welcoming and hospitable environment that is unique to their community and valued guests. While the charm and [...]
