Using a Broker…
The Reasons I Always Use A Broker when Purchasing Real Property 1. Specific area knowledge 2. Buffer when offering less than seller…
A Sudden Increase for Hard Money
PMF Partners have noticed an influx of new applications from borrowers who normally wouldn’t use hard money. But since most banks and…
Hard Money Loans On Raw Loan?
All experienced mortgage brokers know that the second hardest loans to place are loans secured by raw land. ( Church loans are…
What They Say and What They Really Mean
1. “I’m looking to utilize the greatest leverage possible”………. “I have no money to put into the deal” 2. “The seller and…
The Five Greatest Borrower Delusions
1. That they can borrow 100% of the purchase price because “the property’s worth double that” 2. That the property they’re purchasing…
How To Sell a Commercial Property that Can’t be Financed
Some commercial real estate just can’t be financed. The property is vacant, needs extensive repair, or there may be environmental, location, or…
EDUCATING POTENTIAL BORROWERS
I feel like commercial mortgage brokers and commercial mortgage lenders need to do a better job of educating potential borrowers about what…