Real Estate Development Funding Canada
As Mortgage Brokers and Agents, we work with clients who do not have the know-how
or time to shop around whey buying their first home, renewing an existing mortgage or
taking funds out of their existing property, in the form of a Home Equity Loan, to fund
small projects, home renovation, for investments, or ta take a vacation with their
families.
ABOUT US
Jenom International
JENOM INTERNATIONAL is committed to serving new and existing businesses and
industries, and to assist with the creation and retention of quality jobs by facilitating
strategic investment for the economic well being of all its clientele.
Our team of experienced industrial development professionals is dedicated to the
growth and prosperity of our clients and partners by assisting current and potential
business organizations secure a better future through location and investment
opportunities.
JENOM INTERNATIOANAL can provide a broad range of financing resources such as
Commercial, Industrial and Residential Mortgage Financing, Real Estate Development
funding, and Joint Venture opportunities.
JENOM INTERNATIONAL, through its Associates, can also assists with site selection and
development for both commercial and industrial purposes and can offer various
building sizes, including large industrial structures scattered throughout the region.
Joint Venture
Joint Ventures are teaming up with another person, group of persons, or business
entity for the purpose of expanding your business influence and creating a more
powerful market presence.
Joint Ventures are in, and if you’re not utilizing this strategic weapon, chances are
your competition is, or will soon be, using this to their advantage…. possibly
against you!
Our primary goal is to make you a successful joint venturer. This will happen if you
are an informed entrepreneur. Thus, it is necessary for us to dive into the technical
aspects of joint ventures. Specifically:
Alternative Energy
Alternative energy is any energy source that is an alternative to fossil fuel. These
alternatives are intended to address concerns about such fossil fuels.
The nature of what constitutes an alternative energy source has changed
considerably over time, as have controversies regarding energy use. Today, because
of the variety of energy choices and differing goals of their advocates, defining some
energy types as “alternative” is highly controversial.
In a general sense, alternative energy as it is currently conceived, is that which is
produced or recovered without the undesirable consequences inherent in fossil fuel
use, particularly high carbon dioxide emissions, an important factor in global
warming
Loan Application
To ensure you have the best possible chance of obtaining the development
finance you require, you will need to put together a professional finance
submission, a sort of “business plan” for your development project.
This should demonstrate to the lender that you can construct a viable project
with numbers that “stack up” to make a financially successful development.
Loans for development finance require a detailed application, beginning with an
executive summary that should point out the viability of the project and the
design features of the development being considered. Then each of following
points should be explored in detail in your application;
Investment
Everyone should consider real estate as a part of their investment portfolio!
Have you ever wondered how the rich got their wealth and then kept it growing? Do
you dream of retiring early (or of being able to retire at all)?
The world of finance can be extremely intimidating, but we firmly believe that the
stock market and greater financial world won’t seem so complicated once you learn
some of the lingo and major concepts.
We should emphasize, however, that
investing isn’t a get-rich-quick scheme. Taking control of your personal finances
will take work, and, yes, there will be a learning curve.
A portion of your portfolio should be in real estate. Many investors already own
their own homes or are paying off mortgages, so they have a sizable portion of
their overall new worth tied to a hand asses.
Real Estate Development Funding
As a real estate developer or investor, the ability to move forward on a new
project is often times tied directly to your ability to secure financing. No matter if
you are interested in developing land, building a strip mall, constructing an office
building, or working on another type of commercial project, funding the project
with cash is not usually possible.
Even if you do have the cash on hand, using this money may not make good
financial sense. Instead, you can take advantage of a commercial loan as a way of
keeping your cash free.
Many of our developer loans require 10% to 15% liquid deposit to be held in an
attorney escrow account. 100% of the time the developer will get this money
back within 90 days as this loan is non-recourse and a simple lien is put on
defaulted assets if the loan is not repaid as written in the terms and conditions.
Regardless of your situation, with commercial real estate you will be dealing
with large numbers. The minimum loan amount can be $ 2million to $3
million. This is a far cry from a general mortgage for a residential property.
For more information please visit our website
http://www.jenohm.com