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

by Michael Reinhard

Independent commercial real estate broker Michael Reinhard has been leveraging the financial benefits of our strong economy for years. In this practical and insightful guide, he offers tools to help others in their pursuit of commercial real estate opportunities. By providing a thorough overview of commercial mortgage underwriting and credit analysis, Commercial Mortgages 101 teaches readers how to think and speak like commercial real estate lenders; quickly size and under write basic commercial real estate loans; prepare personal cash flow statements; read and interpret lenders’ preliminary loan proposals’; create a Schedule of Real Estate Owned; prepare a persuasive and professional loan request package; and much more. Credit and financing issues pose the greatest challenges to prospective borrowers attaining the money and mortgage terms they need. Whether you’re a real estate investor or a mortgage broker trying to decide on the right form of ownership (LP, LLC, Co-tenancy, or others) or you need to calculate your true net worth and liquidity to ensure your loan is approved, Commercial Mortgages 101 is your start-to-finish guide to success.

240 pages, Kindle Edition

First published May 3, 2010

Reviews

[Michael Reyes · Rating 5 out of 5]

This book is a must read for anyone seriously considering entering the commercial real estate space. I’m new to this relationship game and it gave me the confidence to talk to investors and brokers without sounding like a newbie.

[Derek Walker · Rating 5 out of 5]

The chapter on creating loan packages is priceless. The rest of the book is definitions, etc.

[Prescott Nunley · Rating 5 out of 5]

This was an informative book and I wield recommend this to anyone who wants to start off as a mortgage broker