17 |
Hrs
Mins
Secs
6
17
41
|
SEGMENTS | DURATION |
Christian George is a Businessman, Entrepreneur, and Real Estate Investor. Having been a licensed real estate agent for over 22 years and a licensed escrow officer for over 14 years, Christian is intimately familiar with every part of a real estate transaction from front to back. Christian is currently the Content Director and an Instructor for Renatus as he continues to grow his personal portfolio. He loves sharing with students how to research a property, build a plan and strategy, and then close the deal.
Are you ready to add more substance to your investment portfolio? Commercial lending can help you get there by reviewing the commercial loan application process and several strategies for acquiring commercial and business funding. Take an in-depth look into the process that banks go through as they review applications, submit loans to committee and then decline or approve loans applications. Learn how to create lasting banking relationships with public and private lending institutions and how to negotiate the right financial terms to secure your company’s greatest profitability and success. Explore the power of creating a “Book of Life” for your business that will enable you to approach lending institutions from a position of leverage and then negotiate the best possible rates for the money you borrow.
This Pre-Assessment is to raise awareness of your current knowledge level and give you a glimpse of the information covered in this course.
Christian George is with us again with an overview on commercial lending - How can you get funding for your commercial properties?
Your instructor helps you understand the lingo of a commercial lender.
Christian goes through the terminology he will be using today and discusses the difference between value and cost.
One of the first measures of loan determination is loan to value, or LTV.
The class goes over the pre-assessment and begins a discussion on hard money lending.
Christian gives a listing of those who will lend commercially including commercial banks, federal savings banks, and credit unions.
Christian discusses some of the benifits of a government insured loan including lower down payments.
Your instructor discusses parts included on the rent roll - the summary of your property.
Christian goes over a specific checklist of everything that is needed to apply for a commercial loan.
Your instructor walks you through the formal loan request form.
Christian continues going through all of the forms needed for your loan application.
Your instructor walks you through the business financial documents.
Christian helps you understand how to present your assets for your loan qualification.
What kind of personal touch can you add to create your "Book of Life"?
Christian covers some factors that can help you sell yourself and have better luck with your loans.
This Post-Assessment is to measure your increased knowledge and see how much information you have retained from the course.
This Post-Assessment is to measure your increased knowledge and see how much information you have retained from the course.