Why Crowdfunding has NOT Been Effective for Commercial Mortgage Loans
Why Has Crowdfunding NOT Been Effective For Commercial Mortgage Loans? 1. Disconnect between ability to raise capital and ability to generate deal…
The Five Biggest Frustrations for Mortgage Brokers
5. Borrowers who decide to “go a different route” after you spend 20 hours sourcing their hard to finance loan 4. Loan…
When is a “Hard Money Loan” NOT a Hard Money Loan
Different private and hard money lenders have different criteria for approving and funding a commercial mortgage loan. Most people in the commercial…
HOW COMMERCIAL MORTGAGE BROKERS CAN EARN $250,000 (or more) ANNUALLY
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
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
Mortgage Brokers: MOST Productive use of your time: 1. Speaking with QUALIFIED borrowers 2. Developing relationships with ACTIVE lenders 3. Learning and…
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…
MORTGAGE BROKERS: SHOULD YOU BE A GENERALIST OR A SPECIALIST?
The brokers that bring us loans can be classified as either specialist, i.e., the specialize in a specific industry type, like gas…