Birmingham, Mich.-headquartered Commercial Finance Advisors, a provider of commercial real estate loans for business owners and investors, has completed the second edition of its book regarding commercial mortgage brokerage.
According to the company, one of the most difficult and vital tasks of succeeding in the commercial mortgage business is being able to prescreen commercial loan requests efficiently. Brokers may work for several months on loans that have no chance of closing to begin with – resulting in a tremendous amount of wasted time.
‘What's special about this book is we wrote it as a case study on two deals we recently closed,’ say Jeff Rauth, president of Commercial Finance Advisors. ‘We go through the borrower tax returns page by page so you can see exactly what the net income is and how we calculated it. It's very practical.’
Source: Commercial Finance Advisors
