Commercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request Package

(Paperback)

Publishing Details

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Physical Properties

Description

For those in pursuit of commercial real estate opportunities, learn the tools to be successful in this helpful guide by an expert in the industry.

Independent commercial real estate broker Michael Reinhard has been leveraging the financial benefits of our strong economy for years. In this practical and insightful guide, he offers advice to help others in their pursuit of commercial real estate endeavors.

By providing a thorough overview of commercial mortgage underwriting and credit analysis, Commercial Mortgages 101 teaches you how to:

• think and speak like a commercial real estate lender;
• quickly size and under write basic commercial real estate loans;
• prepare personal cash flow statements;
• read and interpret lenders preliminary loan proposals;
• create a Schedule of Real Estate Owned;
• And prepare a persuasive and professional loan request package.

Credit and financing issues pose the greatest challenges to prospective borrowers attaining the money and mortgage terms they need. Whether youre a real estate investor or a mortgage broker trying to decide on the right form of ownership (LP, LLC, Co-tenancy, or others) or you need to calculate your true net worth and liquidity to ensure your loan is approved, Commercial Mortgages 101 is your start-to-finish guide to success.

Reviews

"a useful tool for the business person looking to get into the commercial real estate space while prices are cheap" --Houston Business Journal

Author Bio

Michael Reinhard (Houston, TX) is an independent mortgage banker for Texas Commercial Mortgage. He has originated and underwritten over $300 million in commercial loans since 1995 covering apartments, retail centers, office buildings, industrial warehouses, and more.