Make Real Money, Real Fast
Getting Started as a Commercial Mortgage Broker is the ultimate guide to making big money in no time at all. If you′re currently struggling in the residential lending business or you′re looking for a new career with six–figure potential, Peter Gineris will show you how to get started in your spare time and start making a bundle. Loaded with practical guidance and real–world real estate wisdom, this comprehensive,detailed guide shows you how to:
Start lending as a profitable side business
Find the right broker or lender to partner with
Get the proper training and understand your responsibilities as a broker
Sign up customers with brokerage and engagement letters
Understand all the forms, paperwork, and mechanics of underwriting a loan
Submit loan summaries and preliminary packages
Deal with all types of lenders
Lock in great rates and prices for your customers
Find your niche and become the go–to broker in your category
Grow your business from a side job into a big–time moneymaker
Chapter 1: All the Commercial Mortgage Brokers I Know Earn at Least $100,000/Year (Why This Is a Great Business!)
Chapter 2: Selling Commercial Mortgages Can Be a Great Side Business for Any Real Estate Professional.
Chapter 3: How to Break into the Business: Getting Training and Getting Started.
Chapter 4: Overview of a Typical Commercial Mortgage Deal.
Chapter 5: How Do I Find My First Deal?
Chapter 6: An Overview of Commercial Loan Types.
Chapter 7: The Most Common Types of Properties Needing Commercial Loans.
Chapter 8: How Do I Underwrite the Loan? (aka, Does It Pencil?)
Chapter 9: The Four Main Lenders, and What They Want.
Chapter 10: How Do I Present or Submit to Lenders? (aka, Writing a Loan Summary and a Preliminary Package): What You Leave Out Could Kill Your Deal.
Chapter 11: How Lenders Decide on Pricing for Your Loan and How to Get the Best Pricing for Your Customer.
Chapter 12: How Loans Get Closed and Funded and How You Get Paid.
Chapter 13: Anatomy of a Deal.
Chapter 14: Ethics.
Chapter 15: Advanced Strategies for Taking Your Business to the Next Level.
Chapter 16: How to Find the Niche That Will Make You Rich!