Are Business Owners, Commercial Real Estate Developers and Investors All Dumb?
57Bad News...
It's a good question to ask, isn't it?
They want you to believe that if you're a Business Owner, Commercial Real Estate Developer or Investor, that you're dumb!
Here's the bad news. They might be right.
WAIT! Don't be upset with me for suggesting that they could be right. Some of us are dumb. But, it's not too late to smarten up.
First, why are some of us dumb?
Because we are buying into the media hype that there's no money for business owners, commercial real estate developers and investors.
What, you thought they were right? Well if you did you're not alone. But it's okay, because I am about to share some news with you that will knock your socks off!
In the next 30 days (as of the time I write this) one Commercial Mortgage Brokerage will be directly responsible for the funding of approximately $1 BILLION in just Acquisition & Development loans!
I know, sounds impossible, right? According to the media and the so called experts, there is NO Acquisition & Development money available, anywhere.
So how did this one company manage to get $1 Billion of A&D financing for their clients in just the next 30 days? Are you ready for the answer. You may want to sit down. Oh, I guess if you're reading this online you're already sitting down, huh?
Good, because this may floor you. Their secret?
They didn't listen to the media and the so called experts. Huh? What, you're expecting some earth shattering answer?
Here's the bottom line. Do you remember the Savings and Loan Crisis from the 1980's? If you do, or even if you don't, let me explain what the S&L Crisis has to do with Commercial Real Estate Financing today.
You see, prior to the S&L Crisis in the 1980's almost all American's went to their local Bank when they wanted financing to buy a home, or refinance their home mortgage.
But, during the S&L Crisis the Banks stopped lending money for home purchases or refinances. Does that sound familiar at all? Like how today the Banks have stopped lending money to businesses, developers and investors?
See the similarity? Okay, so what did people do if they needed a home mortgage during the S&L Crisis? Well right about that time Residential Mortgage Brokers came onto the scene.
And, during the S&L Crisis they began helping homeowners with their loans. And it didn't take long before most home loan transactions were being handled by Mortgage Brokers, not the Bank.
Sure, some people still go to their Bank for a home loan. But, the majority of people use a Mortgage Broker for that transaction today then go to their Bank.
Now fast forward to today.
Banks are not lending money to business owners, developers or investors. Some may say they will, but when ti comes time to fund the loan they won't. And you end up getting screwed in the process because you believed them. (Now that's being dumb!)
Also, the CMBS Market no longer exists, right? So the media is telling us that there is NO MONEY to be found. The credit markets are frozen!
This is the message that has been pounded into our brains every day, on every newscast and in every newspaper all across this Country. Day in and day out that's ALL we hear.
But it's a lie! It's NOT true!
Okay, some of it is true. The Banks are not lending and the CMBS market does not exist. That is true.No argument here.
But, in the last year someone has stepped up to fill that void. Much like the Residential Mortgage Broker did during the S&L Crisis.
That someone is Commercial Mortgage Brokers!
And, being one myself, and being part of the company that is going to be directly responsible for financing $1 Billion of Acquisition & Development loans in the next 30 days, I know it's true.
The problem is trying to get those non-believers to become believers.
I want ALL Business Owners, Commercial Real Estate Developers and Investors to STOP listening to the media, and to get smart about what is happening in their marketplace.
For those that continue to be dumb media followers, they will suffer. Their businesses will suffer. It will be a long and difficult year. They may even lose their business, and put all of their employees out of work in the process.
But that does not have to be the case for you! Because you're not dumb, right? You know when to tune out the media and start listening to the reality of the market.
Please do not misunderstand. I am not trying to sugarcoat it. It is still going to be a difficult market. But there is plenty of money in this market for good deals,
Not dumb deals like the one someone called me about today.
There is no such thing as a 100% financing commercial loan with a stated income buyer/investor in this market. That would be dumb to think there was.
But you're probably sitting there with a strong deal, thinking you can't get financed. Well, now you know you CAN!
Stop reading the bad news. It does not apply to you!
And start moving. Start taking action! There is plenty of Commercial Mortgage money available. I can give you about $1 BILLION examples that there is!
So now it's up to you. You can continue to listen to a media person who does not have a clue about the market, or you can listen to someone who can prove to you there is plenty of money available for good commercial real estate deals.
So now who's the dummy?
Want more information? Visist http://www.CommercialMortgageTips.com
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