Different private and hard money lenders have different criteria for approving and funding a commercial mortgage loan. Most people in the commercial...
After 20 years as a private mortgage/hard money direct lender, I have dealt with over one thousand commercial mortgage brokers. The most successful...
Part 2: Mortgage Brokers Most UNPRODUCTIVE use of time 1. Participating in a broker “Daisy Chain” 2. Dealing with borrowers who are...
Mortgage Brokers: MOST Productive use of your time: 1. Speaking with QUALIFIED borrowers 2. Developing relationships with ACTIVE lenders 3. Learning and...
Q: Do I Have to Own a Property Free and Clear to Offer Seller Financing? A: 1. Buyer assumes existing note ‘subject to’...

EDUCATING POTENTIAL BORROWERS

admin December 15, 2018
I feel like commercial mortgage brokers and commercial mortgage lenders need to do a better job of educating potential borrowers about what...
The brokers that bring us loans can be classified as either specialist, i.e., the specialize in a specific industry type, like gas...
• Apartments • Auto Dealership • Auto Repair • Bowling Alley • Cabin Rentals • Campground • Convenience Store • Church •...
5. If I use your capital and pay the interest, will you fill out my tax return? 4. If you don’t deal...

UPFRONT FEE?

admin October 11, 2018
Should Commercial Mortgage Brokers Charge Borrower’s an Upfront Fee? This is a hotly debated topic, with many investors, borrower’s, and real estate...