Our rates are low, our application is quick and easy! We can get you clear to close in as little as 10 days!
NMLS ID # NMLS # 228246
William Rapp, based in Houston, TX, US, is currently a Capital Advisor at Medallion Funds, bringing experience from previous roles at eXp Commercial, NEXA Mortgage, Viking Enterprise LLC and Sun Realty - Houston. William Rapp holds a 1997 - 2001 BBA in Finance @ Texas A&M University. With a robust skill set that includes REO, Sellers, SFR, FHA financing, Reverse Mortgages and more, William Rapp contributes valuable insights to the industry.
Great experience purchasing our first home! Bill was easy to reach and always able to answer any questions or concerns.
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š§ Smart Financing Moves for Bank-to-Retail or Medical Conversions š„
š§¾ From Empty Banks to Income Properties: CRE Loan Strategies š¼
š¼ Bank Closures & Retail Vacancies: Financing the Next Chapter
With hundreds of bank branches closing across the U.S., commercial landlords and investors are left holding the bagābut that bag might be filled with gold.
š Vacancy = Opportunity
These former bank branches are often high-visibility sites with ample parking, drive-throughs, and strong bonesāideal for repositioning. Whether youāre eyeing a conversion to retail, medical, or flex office, financing is the critical piece of the puzzle.
šø How to Finance the Pivot
1. Renovation Loans & Construction-to-Perm
Ideal for full conversionsāwhether itās turning the building into a dental office or a drive-thru restaurant. These loans allow for interest-only payments during the construction phase and then roll into permanent financing.
2. SBA 504 & 7(a) Loans
Small business owners who want to buy a shuttered branch and open their own locationālike a clinic or law officeācan use SBA loans for high leverage and favorable terms.
3. DSCR or Asset-Based Lending
Investors with strong rent projections or good tenant letters of intent (LOIs) may be eligible for DSCR loansāno tax returns needed, just cash flow.
4. Bridge Loans for Quick Turnarounds
Need fast capital to buy the property, begin work, and stabilize? Bridge loans fill the gap while you secure long-term tenants or complete renovations.
š Letās Talk Strategy
Whether youāre an investor, developer, or business owner ready to repurpose a vacant bank branch, we can structure a financing plan to match your timeline and goals.
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Ā© 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory
Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy
Copyright ©2021 | Mortgage Viking Team
Licensed to Do Business | NMLS # 228246
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright Ā© 2021 | Medallion Funds
Corporate | NMLS ID NMLS # 1825831
Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014
Corporate NMLS NMLS # 1825831 | Company Website: https://medallionfunds.com/bill-rapp/
Copyright ©2021 | Mortgage Viking Team Licensed to Do Business | NMLS # 228246
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply
Corporate | NMLS ID NMLS # 1825831
Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014 https://medallionfunds.com/bill-rapp/
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