With real estate prices at their lowest in years and the economy poised for a rebound, itas an opportune time to invest in commercial real estate. But credit and financing issues can still pose challenges that prospective borrowers must overcome in order to get the money and mortgage terms they need. Commercial Mortgages 101 is a step-by-step guide for both real estate investors and mortgage brokers, offering insight, practical tools and a thorough overview of commercial mortgage underwriting and credit analysis. Readers will learn how to: Think and speak like a commercial real estate lender ac Quickly size and under write a basic commercial real estate loan ac Prepare a personal cash flow statement and calculate true net worth and liquidity ac Read and interpret a lenderas preliminary loan proposal ac Create a Schedule of Real Estate Owned ac Prepare a persuasive and professional loan request package ac Choose the right form of ownership (including LP, LLC, Co-tenancy and others) ac And more Both thorough and timely, Commercial Mortgages 101 reveals what readers need to ensure their loans are approved.Credit. References. A banking or credit reference is very much like a referral. Banks in general are usually cooperative and willing ... Information on a VOM is limited to a loana#39;s status, payment history and balance, and maybe a few comments.
|Title||:||Commercial Mortgages 101|
|Publisher||:||AMACOM Div American Mgmt Assn - 2010-05-14|