Commercial Real Estate Financing Hampton VA

Looking for Commercial Real Estate Financing in Hampton? We have compiled a list of businesses and services around Hampton that should help you with your search. We hope this page helps you find Commercial Real Estate Financing in Hampton.

Katherine Brown
The Advisory Firm of Katherine Brown, LLC
(757) 847-3040
751 Thimble Shoals Blvd., Suite H-2
Newport News, VA
Expertises
Retirement Planning & Distribution Rules, Retirement Plan Investment Advice, Hourly Financial Planning Services, Ongoing Investment Management, Investment Advice without Ongoing Management, Helping Clients Identify & Achieve Goals
Certifications
NAPFA Registered Financial Advisor, BA, CSA, PFP

Adam G Marr, CFP®
(757) 727-8180
34 E. Queens Way
Hampton, VA
Firm
Wells Fargo Advisors, LLC
Areas of Specialization
Asset Allocation, Budget Development, Charitable Giving, Comprehensive Financial Planning, Debt Management, Education Planning, Estate Planning

Data Provided By:
Mr. Aubrey L. Baker, CFP®
(757) 851-1725
43 Waters Edge Circle
Hampton, VA
Firm
AL BAKER
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Debt Management, Education Planning, Estate Planning, Government and Military, Retirement Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000

Profession: Government Employees

Data Provided By:
Mr. Oscar N. Alvarez, CFP®
(757) 595-4588
714 J Clyde Morris Blvd Ste 120
Newport News, VA
Firm
Pathway Financial Services
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Elder Care, Estate Planning, General Financial Planning, Insurance Planning
Key Considerations
Average Net Worth: $100,001 - $250,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided By:
Mr. Charles D. Mcgee, CFP®
(757) 873-0993
701 Mariner Row Ste 200
Newport News, VA
Firm
First Command Financial Planning
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000

Profession: Government Employees

Data Provided By:
Marshall H. Groom, Jr.
Groom Financial Advisory
(804) 716-2100
4445 Corporation Lane, Suite 200
Virginia Beach, VA
Expertises
Ongoing Investment Management, Hourly Financial Planning Services, Retirement Planning & Distribution Rules, High Net Worth Client Needs, Estate & Generational Planning Issues, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, CFP®, JD

Ms. Anne W. Shuford, CFP®
(757) 810-8181
32 Wine St
Hampton, VA
Firm
New Point Financial Advisors
Areas of Specialization
Asset Allocation, Budget Development, Charitable Giving, Comprehensive Financial Planning, Debt Management, Divorce Issues, Education Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000



Data Provided By:
Mr. Thomas W. Morris Jr., CFP®
(757) 850-5969
1524 N Mallory St
Hampton, VA
Firm
Thomas Morris CPA

Data Provided By:
Mr. John M. Mason, CFP®
(757) 223-9898
11827 Canon Blvd Ste 204
Newport News, VA
Firm
Mason & Associates, LLC
Areas of Specialization
Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, General Financial Planning, Government and Military, Insurance Planning, Long-Term Care
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000

Profession: Government Employees

Data Provided By:
Mr. Adam Lee Deskins, CFP®
(757) 525-3386
11825 Rock Landing Dr
Newport News, VA
Firm
iPlan Investments
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, General Financial Planning, Insurance Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000



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Commercial Real Estate Financing - Where To Get It And How

Purchasing property that will be used for your business is, in most cases, the biggest startup expense business owners have. There are several ways, and numerous places to obtain commercial real estate financing , whether you are buying an existing building, purchasing land and constructing a new building, or buying and remodeling an existing building to meet your businesses requirements.

Common sources for commercial real estate financing are banks, savings and loans, mortgage companies, venture capital firms, and even insurance companies. You can also obtain financing through the Small Business Administration through their 504 loan program, which was designed for small business commercial real estate financing , and offers a low down payment, low fixed-rate interest, 20 year terms, and steadily decreasing fees through a partnership between banks and non-profit development companies. There are also firms that specialize in finding commercial real estate financing for their clients. These firms do not provide the financing; they simply work to find the financing for their clients, for a fee.

Start with the Small Business Administration. The SBA is in the business of helping small business owners. Therefore, they work to make things less complicated for their clients. If you fail to get a commercial real estate loan through the SBA, you should strongly consider hiring a firm to help you find the financing you need. The time and effort that you will save are greatly worth the fees that will be required. These firms can be easily found by doing a search on the Internet for " commercial real estate financing ."

Documents that will be requested by the potential lenders will be your business plan, financial statements for the last five years, federal income tax returns for the last five years, articles of incorporation (if you are incorporated), and your business licenses. The lenders will also want as much documentation as possible on the real estate.

If you are purchasing land to build on, the lender will want the specifics in regards to the land, including the price, as well as blue prints and construction costs for the building. A common problem that many business owners face when they obtain financing for the construction of a new building is that they do not apply to borrow enough funds for the completion of the building. That is why it is best to have the blueprints drawn up, and to get estimates from three or four construction companies first. This is also true if you are planning to remodel an existing business.

For existing buildings that will not need to be remodeled, provide the lender with documentation concerning the dimensions, the age, and the condition of the building, as well as the seller's asking price and contact information for the seller or realtor. Many lenders will require that the building be inspected by a professional and that you provide them with a report of the inspector's fi...

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