Top Mortgage Attorneys

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

Description

With real estate prices at their lowest in years and the economy poised for a rebound, it’s 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 • Quickly size and under write a basic commercial real estate loan • Prepare a personal cash flow statement and calculate true net worth and liquidity • Read and interpret a lender’s preliminary loan proposal • Create a Schedule of Real Estate Owned • Prepare a persuasive and professional loan request package • Choose the right form of ownership (including LP, LLC, Co-tenancy and others) • And more

Both thorough and timely, Commercial Mortgages 101 reveals what readers need to ensure their loans are approved.

Reviews

Rating: 5 / 5
Date: 2010-05-26
Summary: ""What A Surprise""

Michael Reinhard has accomplished more in 200 pages than several other courses in this field. His book has laid out a roadmap of the lender's requirements for successful commercial loan underwriting. In particular, chapter 2 gives commercial real estate investors a real appreciation of the details required to build a successful loan package. Michael's book is very appealing to beginners in the commercial loan origination business or real estate investors who want to gain a better understanding of the commercial loan process. I strongly recommend this book as a primer for anyone involved in the commercial real estate industry.

Gerald House
Business Advisor
Progressive Consulting Group, Inc.