Commercial Loan Blog

By Terry Painter, Mortgage Banker, Author of “The Encyclopedia of Commercial Real Estate Advice" – Wiley Publishers.  Member of the Forbes Business Council

Why You Should Make the Leap Up to Commercial Real Estate Investing

If you are just getting started investing in income producing real estate, congratulations!  According to the IRS, less than 8% of all taxpayers own investment real estate and less than 3% own…

By Terry Painter/Mortgage Banker, author of “The Encyclopedia of Commercial Real Estate Advice” – Wiley Publishers, Member of Forbes Real Estate Council

Cash on Cash Return is the most popular metric used by income property investors. It’s the net cash flow from a property annually divided by the total cash you put into the property. This tells you the percentage you are earning on your investment annually.

Annual Net Cash Flow/Cash…

By Terry Painter/Mortgage Banker, Author of “The Encyclopedia of Commercial Real Estate Advice”, Wiley Publishers. Member of The Forbes Business Council

I am a commercial mortgage banker. Every so often someone applies for an apartment building loan with me who is almost flat broke and has no multifamily ownership experience. So I tell them, “Oh, so you want me to lend you over a million dollars and you don’t have any experience –  and…

Raising Money for Multifamily Properties for Beginners

By Terry Painter/Mortgage Banker, Author of “The Encyclopedia of Commercial Real Estate Advice”, Wiley Publishers. Member of The Forbes Business Council

I am a commercial mortgage banker. Every so often someone applies for an apartment building loan with me that is almost flat broke and has no multifamily ownership experience.   So I tell them, “Oh, so you want me to lend you over a million dollars and you don’t have any experience -  and you want me to take 100% of the risk?”

“Don’t worry about that…

By Terry Painter/Mortgage Banker, Author of “The Encyclopedia of Commercial Real Estate Advice” – Published by Wiley, Member of The Forbes Real Estate Council

Try one or all 4 of these ways to value an apartment building in 15 minutes:

Why You need to Know an Apartment Building’s Value Quickly

So you wake up early one morning thinking about finding the perfect apartment building to invest in. And…

By Terry Painter/Mortgage Banker

Author of “The Encyclopedia of Commercial Real Estate Advice”, Published by Wiley

This article tells you what it takes to get a commercial loan refinance with cash-out, and the guidelines for 8 loan programs.

Commercial loan refinance programs with cash-out are Fannie Mae at 75% LTV,  Freddie Mac at 80% LTV and HUD/FHA at 80% LTV. CMBS…

June 7, 2019

By Terry Painter, Mortgage Banker

Member of the Forbes Real Estate Council

Author: The Encyclopedia of Commercial Real Estate Advice – a WILEY book – OUT NOW!

Micro Apartments are very small, high rent per square foot units most often found in large cities. They average 275 to 550 square feet and are comprised of a sleeping space,…

By Terry Painter, Mortgage Banker

Member of the Forbes Real Estate Council

Author: The Encyclopedia of Commercial Real Estate Advice – a WILEY book – OUT NOW!

The 7 best apartment building rehab loans in America, are ranked based on maximum loan to cost, interest rate, loan term, what it takes to qualify and customer satisfaction. Choose the multifamily rehab loan that is the best fit for you.

By Terry Painter, Mortgage Banker

Member of the Forbes Real Estate Council

Author: The Encyclopedia of Commercial Real Estate Advice – a WILEY book – OUT NOW!

What are the best commercial real estate loans for 2023?  Find the commercial loan that is the best fit for your commercial real estate investment goals. The loan programs listed in this article are based on the best loan terms overall, such as…

By Terry Painter, Mortgage Banker

Member of the Forbes Real Estate Council

Author: The Encyclopedia of Commercial Real Estate Advice – a WILEY book – OUT NOW!

What are the best Apartment Multifamily loans in America? Which programs have the lowest rates and highest LTV’s?  What about interest only and prepayment penalties?  What does it take to qualify? Which programs…

By Terry Painter, Mortgage Banker

Member of the Forbes Real Estate Council

Author: The Encyclopedia of Commercial Real Estate Advice – a WILEY book – OUT NOW!

Cap Rate stands for capitalization rate and is used in commercial property valuations. Cap Rate is simply the net operating income (income minus expenses) divided by the purchase price or appraised value.

“There must be some mistake” Rick, my client said to me. “How can my property only be worth $5.25 Million when the exact same property 4 miles away sold for $5.6…