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About Matanuska Susitna County, AK

Escape The Matanuska Wind

Marty Van Diest, Your Alaskan Realtor: Real Estate Agent in Wasilla, AK

I thought I'd make a video today about the Matanuska Wind. This wind howls down the Matanuska River Valley in the winter. Usually we get 5-6 good wind storms a winter. These usually last several days each and there is no where to hide. Well, almost no where. The Butte area outside of Palmer usually does not get this wind and today was no different. The wind was strong everywhere EXCEPT between Clark-Wolverine Road and the Butte.

The video is 8:28 minutes long and gives you a good idea what one of our wind storms are like.

This map shows the places mentioned on the video.  The only places with no wind were Smith Road and Maud Road


View Escape The Matanuska Wind in a larger map

This article was first published on valleymarket.com

Joint Venture – Project and Purchase Funding

Robert Skulka: Commercial Lender in Anchorage, AK

Alaskan Success,Inc

10/100 Product

(YOU MUST REGISTER TO USE THE PRODUCT – INFO BELOW)

Product Parameters

$2M to $500MM Partnerships – income producing property

$2M to $500MM Partnerships – construction projects

All projects values are calculated in US Dollars

(Funding group has a strong appetite for income producing properties).

Commercial only – (not for residential home purchase) USA, Caribbean, Canada, Europe, South Africa, Australia, Japan and areas that are not considered high risk due to government instability or terrorist related issues.

Downpayment consideration is a 10% returnable cash deposit. The 10% cash is held for 2 years in a blocked account at Bank of America or CITI and then returned. If returned sooner – 10% of downpayment amount penalty applies. There is a minimum 1 year hold for the 10% amount. The 10% is calculated against the total purchase price of existing improvement or total funds required for construction project.

3 years in business (less than 3 years will be reflected in JV split) (must have financials for file – not verified)

100% Funding

Joint Venture Split - 60% Principle / 40% JV Partner

Submission Requirements for consideration/approval–

  • Executive Summary with principle resume and Performa – must have successful track record.

  • Proof of 10% Cash Consideration – must be liquid (not POF)

  • Previous 3 years business financials (for file only – not verified)

  • Appraisal

All type projects considered - response within 3 to 4 business days.

How It Works?

Sample: You have a contract on a 50MM dollar income producing property, developed, or needs to be developed. You have a resume and a successful track record in this field, and you can prove that you have 10% cash consideration liquid, our funding group wants to be your partner!

With the JV Program, you pay no interest payments, ever! You wave these payments by taking on one partner at 40% giving you the majority share at 60%. You pay nothing until the project starts making money.

The Process:

Step 1:

Submit detailed Executive Summary with resume and proof of 10% liquid funds, we will review and get back to you within 3 to 4 business days.

Step 2:

Principle signs NCND. Principle submits application/introduction fee. We then arrange a conference call between the JV facilitator and principals.

Step 3:

An agreement outlining the terms discussed on conference call are sent to you, if all clear, you sign and send back to us. In this agreement, we guarantee funds (commitment). At this time the application/introduction fee becomes non-refundable.

Step 4:

You set up a blocked account with either BOA or CITI for 10% of the requested amount to be funded. Funds are then verified. Full commitment is issued. Partnership contract needs to be done by legal. This is all done within the first 10 days.

Step 5:

Facilitator collects $15,000.00 fee and JV attorney’s $15,000.00 charge for all legal work. The legal work charge is credited back at closing.

Important:

Application/Introduction fee is refunded if no firm commitment is issued. Additional fee are not collected until a firm commitment is in place. Upon closing application/introduction fee is returned to principle and facilitation fee is credited back to principle.

References will be provided. References include, project, state, loan amount, contact information, etc..... NO BULL HERE! As you can see, everything is disclosed, no hidden surprises.

Partnership Benefits:

In most cases, you will find that when a project is being developed, there are several partner/investors in place. All taking a piece of the pie, the principal who put everything together is only getting a small piece. Using our scenario, the principal gets 60%, we get 40% and we put up 100% of the money. No monthly payments are made until the project starts profiting.

Principals make more money, making no interest payments during construction phase.

Projects typically close in less than 45 days. (Exception: No funding from 11/15 to 1/15 of each calendar year)

Remember, there is no loan, this is your partner. You’re closing on the partnership agreement with a group that has all the capital you need.

Fees

$5,000 Application/Introduction fee (completely refundable if not approved)

$30,000 Facilitation and Attorney Fees

Point charge- 10 (can be rolled in)

CONSULTANT PRODUCT REGISTRATION INFORMATION

Client Registration –

  • $1500 – send MO/Bank Check. NCND will be provided when first client is submitted. There will only be a limited number of consultant registrations allowed. Register quickly as this is a very HOT product.This is non-refundable.

  • You must be absolutely direct to principle. No broker chains. If lead is referred to you and you want to compensate that person upon closing you must do that out of your fee. That person will not be part of the process and must step aside NO EXCEPTIONS.

  • After client has submitted info for preapproval we will work direct to the client from that point forward till close. You will step aside.

  • Upon receiving application and application/introduction fee from client you will receive $1000 when the principle is issued an engagement letter (firm commitment). When the transaction closes the $1000 will be deducted from your total referral fee as the entire fee is returned to the client. The $1000 upfront is to provide you with cash flow.

  • Referral fee is on a sliding scale and our fee is protected by our investment group. No outside fee agreement is allowed with the principle nor do we need a consulting fee agreement.

  • Commission to you –

1st $10M block is at .45%,

2nd $10M block is at .40%,

3rd $10M block is at .35%,

4th $10M block is at .30%

5th $10M block and up is at .20%

Example – on a $50M submission your commission would be calculated at $10M for each level based upon the percentage for that block of funds. The total commission to you on a $50M closing would be $170,000.00 minus the $1,000 application/introduction return.

  • Minimum size deal is $2M

Exclusive Private Funding

Robert Skulka: Commercial Lender in Anchorage, AK

Alaskan Success,Inc

Construction/Project Financing - ANYWHERE

$10 Million and Up

Office Building/Arena/High Rise Resorts/Hotels

Must Provide ALL of the following items to be eligible for consideration:

1) One-two page executive summary of project/purchase 2) One page Acquisition sheet (provided)
3) Color copy of photo passport of each participant
4) Signed non-disclosure forms (provided)

*See Protocol (Procedure) below



Subdivisions Golf Courses

Program Highlights

* All participants must pass Homeland Security check
* 15 Year Fixed Interest Rate
* 5.5% Interest Rate
* Appropriate downpayment amount (if any) into escrow account – 100% protected to funding
* No payments for 1st two years or until build complete
* No liens against property/project after funding (no 2nds etc…)
* ALL FEES must be disclosed
* Qualifying NOT determined by credit
* Up to $10 Million on first draw and up to 30% on each
following draw
* Can be fully funded in 120 days
* Construction or existing properties
* Not allowed to refinance with any other lender
* Escrow amount increases above $100 Million
* No limit on location - financing world-wide

We will NOT discuss project(s) until eligibility requirements are satisfied. ***NO EXCEPTIONS***

Contact:Robert Skulka

Mansions Malls/Strip Malls


*Program and guidelines may be altered at investor discretion at any time*

Submission Protocol

Step 1: Submit toRobert Skulka

One-Two page executive summary of project – if acceptable you will receive a Non Disclosure Non Compete (NCND) document for completion. This is between Consultant and Owner Finance. Upon return you will receive a second set of NCND documents for the client to complete. (You will only receive the OFI–NCND once as it covers all submissions).

Step 2: Submit to Robert Skulka from Client:

1) Proof of clear downpayment funds (if any) available for escrow 2) Letter from Bank Authority confirming access to
unencumbered funds – if downpayment is required
3) Color copy of photo passport of each participant
4) One page acquisition sheet (provided with NCND)
5) Signed non-disclosure forms (provided)

Project types: Any as long as it’s a construction project. No straight purchases or refinances. Minimum $10 million, nothing below.

Client must be “ready to go” on project construction and have “skin in the game”. (invested own funds into project)

Type of Financing: “Equity Financing” and Debt Financing” considered on all submissions. Investor will discuss with client after introduction.

Not available for projects in Florida, New York, Connecticut, Massachusetts, Rhode Island.

Important: Do not submit incomplete packages. After submitting the Executive Summary and receiving request for entire package submit all items together as we do not stage items. Partial submissions are deleted.

* Do not submit projects that do not have permits in place and are not ready to start immediately.

* Upon receipt of all required documents and investor preapproval - direct contact between investor and client will be established.

* Fees are determined on a case by case basis. After executive summary submission Owner Finance will discuss with Consultant appropriate fee to charge client. Upon investor preapproval of transaction Owner Finance will provide a Fee Protection Agreement for Client execution to the Consultant. Fee is paid from closing proceeds to Robert Skulka and disbursement is then made to Client. (Typical fees can range from 1 to 4 points depending upon size of transaction)

Product Registration:

  • Clients must register with Robert Skulka to use this product. The one-time charge to register is $999.00

  • Support is provided via phone only.

  • The earnings potential with this product is enormous. We are limiting the number of registrations for this product. Registration will be closed immediately upon reaching volume limitations.

  • We will not review any submissions from anyone before completing the registration process.

  • To register send fee through PayPal or send Bank Check/Money Order to our mailing address.

Point Mackenzie Is A Happening Place

Marty Van Diest, Your Alaskan Realtor: Real Estate Agent in Wasilla, AK

A deep water port, a new prison, Burma Landing for fishing, a new ferry system in the future as well as a possible railroad extension are just some of the attractions in the area. This area is about 16 miles from downtown Wasilla on a paved road so it's easy to access.

Port Mackenzie is a growing deep water port. I just found out today that the dock will double in size next summer so that much larger ships will be able to dock there. When the planned rail way spur goes in this area will explode with commercial activity.

Point Mackenzie General Store has a cafe, cabin rentals, and essential convenience store items for local residents and visitors.

It is only a hop across the inlet from Anchorage but without the ferry service or bridge it still feels like it's miles away. Point Mackenzie is a fantastic place for snowmachining, boating, fishing, or finding a piece of land for your get-away cabin.

Drop me a line if you would like to find out more about Point Mackenzie.

First Published in Valleymarket.com

This Buyer Hit The Jackpot !

Marty Van Diest, Your Alaskan Realtor: Real Estate Agent in Wasilla, AK

We just helped a buyer close on this brand new home with a fantastic loan. This buyer just happened to hit all the right qualifications for interest rate reductions. She ended up with a 4.375 fixed 30 year loan. AND she received $15,500 back after closing, AND she paid ZERO down.

The buyer qualified for the AHFC reduced interest rates for lower income buyers, and bought a 5 star plus home so qualified for another interest rate reduction. Combining the AHFC loan with a rural development loan provided the zero down payment. Since this was a first time home buyer they qualify for the $8,000 federal tax rebate. The new five star plus home also qualifies for a $7,500 energy rebate check from Alaska Housing.

Not only did she get this great loan and move in for Thanksgiving, she is in a five star home which means that she will have low energy costs for the whole time she lives in the property. Some of the special features of this home are a Heat Recovery Ventilation System, on demand water heater, and other standard features of a five star plus home.

Annemarie Weiland of Wells Fargo in Palmer did all the work on the loan. In order to get all the features this buyer received you would need to meet the same criteria, but who knows...you might hit the jackpot too.

Send me a note or give me a call at 907 232-7900 if you would like to find a good deal like this for yourself.

Related articles:
Deals of the Week
Five Star Plus Home Under Construction

First published at Valleymarket.com