Bar & Restaurant Industry Members

Bar & Restaurant Industry Members

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Julia

Need Funding? - Let's Define NOI (NOI)

Mortgage Banker | Mortgage Social Media | Mortgage Blogger | Mortgage Problem Solver

The Net Operating Income (NOI) of a property is very simple to figure out. It is defined as follows:
Potential Gross Income=the total amount of money a property could make
-Vacancy and Credit Loss= subtract any empty space or tenants in place that haven't paid.
-Operating Expenses= subtract actual expenses on the property i.e. Utilities, Taxes, Insurance, maintenance, employees, etc. (this does not include the mortgage or income taxes)
=Net Operating Income
Wealth Alliance Financial offers Construction, Refinance, Purchase and Bridge loans; our arsenal includes Portfolio and CMBS; and various sophisticated and specialized programs to provide our clients with the best method of achieving their goal, whenever possible.
• Construction Rates: From 5.0% and up
• Refinance/Purchase Rates: From 4.55% and up
• Bridge Loan Rates: From 8.0% and up
• Hard Money Rate: From 10.0% and up

Joseph V. Scorese - Wealth Alliance Financial Group - joe@wealthalliancefinancial.com - Toll Free (855) 630-7728

The Wealth Alliance Team will be working with clients Residential & Commercial Real Estate Needs with Lending Nationwide. We look forward to earning your business.

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  • April 17, 2012
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