Real Estate expert Ira Nachem explores the pros and cons of large versus small institutions; how to structure and present a loan proposal, the approval and closing processes; the truth about appraisals, guarantees, insurance and the lien law, financial and physical bonuses, and constraints, environmental issues and many other topics.
Nachem presents in-depth information and explanations that answer key questions on:
-What information the borrower should produce
-How a workable budget is created
-What is involved in loan administration after closing
-What real estae math is essential to the professional
-How the loan is eventually repaid
-What the risks and rewards of loan participation are |
Click on the chapters below for more detail:
Chapter I - The Commercial Real Estate Lender
Chapter II - The Borrower's Information
Chapter III - Budgeting
Chapter IV - Evaluating the Borrower
Chapter V - Appraisals
Chapter VI - The Loan Presentation
Chapter VII - The Loan, Legal Documentation, and Guarantees
Chapter VIII - Preparing for the Funding Process
Chapter IX - Loan Mechanics After Closing
Chapter X - Project Completion
Chapter XI - The Development Process from the Borrower's Perspective
Chapter XII - Constraints on and Incentives for Development
Chapter XIII - Insurance and Bonding
Chapter XIV - Title Insurance and Lien Law
Chapter XV - Loan Repayment
Chapter XVI - Real Estate Math
Chapter XVII - Pricing
Chapter XVIII - Environmental Concerns
Chapter XIX - Marketing: Searching For Loan Prospects
Chapter XX - Loan Participations
Chapter XXI - Problems and Issues |