Commercial Financing Basics (A Lunch and Learn Event)

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Monday, March 4, 2019 12:00 PM - 2:00 PM
Presented By: Passaic County Board of REALTORS®
Product Type: Event; Not for CE
Event Location:
New Jersey REALTORS®
10 Hamilton Avenue
Trenton, NJ 08611
Important Message: Registration for free events allow us to plan for lunches, materials and other needed items. A $25 No Show fee will be charged without 48 hour cancellation notice. Please read our education policy before registering http://pcbor.com/education-events/education-policy
Speaker: Dan Sterba
Description:
The Basics of Commercial Financing
Lunch and Learn*
Date: Monday, March 4th, 2019
Time: 12pm-2pm

What you will learn:
-What is commercial lending and what kind of properties can it be used for
-What documents are needed in the transaction
-Differences between commercial and residential lending
-What is debt service coverage ratio and how do you calculate it
-What are the steps to complete a commercial lending transaction involving real estate
-What steps are needed to complete a fix and flip loan
-What is a term sheet and what information is on it
-What is the advantage for investors to cash out refinance their properties
Discussion to Include:
The different types of commercial financing.
-Regular/bank financing
-Low documentation lending
-Fix and Flip lending
-Hard Money
-SBA 7(a) and 504 lending
-Business loans and line of credit
Instructed by: Dan Sterba

Free to PCBOR Members

*A lite lunch and beverages will be served during this presentation
SPONSORED BY: LCD Mortgage

Non-CE, Informational Session Only

$0.00
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