Charles G. Hennebeul's (amcashinc) Blog

Stated Income, Verified Asset:  We Submit Rent Roll, Operating History, Digital Photos, 1003 Application.Apartments Over Retail?  Financing is available(all loans subject to final underwriting guidelines, no promise is made in this blog for loan approval)I'll have more details on this next week a...

First, I am concerned that in a few years we may face double digit interest rates across the board.  I don't like what is gong on in the economy.  I don't know exactly when this is going to happen but I am preparing my company for this and will run a very tight ship.Here's an example.  I have a c...

I don't know all the legal mumbo jumbo on what happened to WalMart in suing a prior terminally ill Walmart Employee.  Bottom Line is I was going to stop shopping at Walmart!  I was so sickened by what they did to that poor lady and her husband that I was going to write a letter to corporate telli...

In the commercial lending universe their are three types of rates.Hybrid...a combination of adjustable and fixed rate.  For example, a rate may be FIXED for the first seven years and after the seventh year is ADJUSTABLE.Now what is ADJUSTABLE?  The rate can change..it can go up or down or stay th...

I am trying to post comments on some blogs and not getting any response when I click on submit comment...what is this??? Is anyone else having this problem? I see posting blogs is working..or is it my computer..I lowered my cookies setting and did delete all my temporary files but that shouldn't ...

Its official, bankers drool and can't help it.  They wake up in the morning, read the Wall Street Journal, throw on a Brook Brothers Suit, and go to work all prim and proper.  Some of the old school bakers still have their bankers watch hanging from the waist and wear vest beneath the suit jacket...

Property Types*Multifamily*Mixed Use*Office/Retail*Warehouse/Industrial*Shopping/Strip Center*Mobile Home Park(not individual mobile homes!)*Bed & Breakfast*Motel/Hotel*Restaurant/Bar*DayCare Center*Self Storage*Funeral Home*Assisted Living Facility*If the credit score is 599 to 500 on these buil...

DSC?  What's that?  More to Come on this in a few hours today!!!<--------yep that is what I posted yesterday and here I am ready to make good on this blog.  DSC is Debt Service Coverage used more commonly for construction loans.  The generally accepted DSC is 1.25     The .25 is the important par...

The healthcare crisis is so serious that it has finally become a national issue.  Politics in my opinion will allow the problem to get better not worse.  Nationalization of the health care system is only a band aid that will cover up the hemmoraghing of the financial blood pressure of the health ...

I'll be watching the dollar to see if it continues to dive.  I will also be watching the Fed to see if other creative actions are going to occur.  It will be interesting to see what the exisitng home sales report will show.  I'm not sure if GDP comes out this week but when it does you can bet you...