Commercial Loan Blog

April 08, 2015

Investors who are looking for multifamily properties to invest in for a particular city need to know not only about apartment complexes that are available to purchase in that city, but also know about how well the multifamily market is doing in that city.

The purpose of this blog is to give you resources to help you locate multifamily properties to purchase in a particular city as well as give you information on how well the market is doing in that particular city.

A source to locate multifamily properties for sale in a particular city is https://www.... Read More

March 17, 2015

Many people contact us wanting to get a commercial loan and they need to know the requirements for getting a commercial loan for commercial property. If they are not strong financially with strong enough net worth and liquidity they can be disappointed when they find out they don’t qualify.

Those who have residential investment experience though, are a step ahead because they will have some understanding of the mortgage loan process for an investor – even though commercial loans are more complex – and in general you need to have greater strength financially to... Read More

February 18, 2015

For the last 2 weeks this blog was on why the Fannie Mae apartment loan is the best in America. If you are involved with apartment loans, you need to be familiar with the Fannie Mae loan program.

This week’s blog has a little bit more information on why the Fannie Mae apartment loan is so special.

Part one, posted two weeks ago was about why the Fannie Mae apartment loan is the best in America. It has the best rate and terms with not many exceptions. You also get up to a 30 year fixed rate and 30 year amortization, etc.

Part two, posted last... Read More

February 05, 2015

Last week I expressed my appreciation for the mentorship I have gotten that has greatly assisted me in learning about commercial lending. I expressed my gratitude for the training that Terry Painter has given me. He has done an outstanding job to prepare me for my work.

I had covered that his mentoring included being a good role model. After all, what good is a mentor if their character is weak. When we mentor from someone, we model from them. Even if we reject a mentor’s questionable behavior - if we are around them day in and day out, we can be affected by... Read More

January 23, 2015

Many people who call us and who aspire to be commercial real-estate investors lack the mentoring needed to succeed in commercial real-estate investing. They think that they can just purchase commercial real-estate without knowing much about it and that they are going to make lots of money. Actually, if they do purchase commercial property without mentoring, they could very well lose money

There are so many pieces to ownership of commercial real-estate. It’s a business in itself, just as running a clothing store is a business. Without mentoring, you could fail... Read More