MonetizeMyRealEstate.com
Chicago, IL
ph: 312-671-0061
fax: 312-212-5978
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Monetizing Real Estate...it is our area of Expertise
Monetizing real estate has been the specialty of the founder of MonetizeMyRealEstate.com for more than two decades. At the outset of the 1990’s, Wayne Gerenstein used cutting edge mortgage product to monetize distressed real estate. His clients were facing late stage foreclosures and intense bankruptcies, yet he was able to “pull cash” out of their real estate (monetize it) in order to restructure debt and save their properties and/or the parcel's equity.
Since the early 1990's we have worked with:
...mortgage banks offering highly aggressive underwriting guidelines for distressed properties
...cash buyers who will purchase immediately, and are capable of closing the business day after due diligence is completed (no delays for financing because their "cash is on hand")
...hard money lenders who are the actual "check-writers" (both privately held and publicly traded)
..wealthy individuals who can close private money loans in a couple of days
...REIT's who buy quickly with cash in the multi-millions, who also offer sale-leaseback strategies and options
...conventional banks offering competitive rates, both community banks and Nationwide top ten banks
We utilize three basic strategies to help you monetize your real estate:
1. We have cash buyers of real estate who can execute a purchase within 1 business day of completing due diligence and clearing all closing items such as title insurance, municipal zoning and water certifications, etc.
2. We have DIRECT lenders (these are the "check-writers", not chains of brokers claiming to be so) who can restructure debt and convert equity in to cash. These lenders range from Nationwide U.S. banks, to community banks, to creative mortgage banks, to hard money lenders who execute the "hard to do" loans.
3. We have capital sources such as REIT's who perform sale leaseback arrangements. This real estate strategy allows a company owner to monetize their property(ies) while continuing operations in the subject property. Business owners in need of capital for expansion, acquisitions or debt restructuring find this approach to monetizing extremely beneicial.
Working with Gate-Keepers
We take pride in working with the Attorneys and CPA's who represent our clients. We highly respect their fiduciary responsibility. It is our goal to make sure our professional approach to finance and real estate fosters good relations among an Attorney or CPA and their client!
Copyright 2011 MonetizeMyRealEstate.com. All rights reserved.
MonetizeMyRealEstate.com
Chicago, IL
ph: 312-671-0061
fax: 312-212-5978
w