Friday, June 28th
8:30am - 12:30pm
$14.95, 4CE
Registration Link: Exploring Commercial Intro to Commercial Financing (4CE) - Event Registration (growthzoneapp.com)
Do not use the Find Me search field under My Information. Scroll to the Registration Options area and add quantity. Your cost is $14.95
In commercial and investment real estate, it’s vitally important the buyer either has the cash or a strong financing to have the ability to close the deal. No money, no transaction. The fundamentals for commercial lending are quite different than for owner-occupied residential properties. In this course, we will explore the topics it is important you understand related to commercial and investor financing. Learn what it takes to understand the financing aspect of your real estate deals, have good financing options for your clients and get your transactions to successfully close.
Upon completion of this course, will be able to:
· Describe commercial lending
· Understand basic commercial lending terminology
· Understand the capital stack
· Describe the types of commercial real estate loans
· Describe the differences between bank lending and private lending
· Describe the differences between brokers and direct lenders Understand how to prepare for the loan process
· Understand how to work with foreign nationals
· Understand the difference between recourse and non-recourse loans
· Describe the major types of commercial loans
· Understand loans by specialty type
· Understand the difference between purchase loans and refinance loans
· Understand how construction loans operate
· Understand the debt service coverage ratio
Instructor
Brian Woods is a seasoned real estate broker, investor, property manager, community association manager, real estate instructor and speaker. Mr. Woods owns and operates multiple real estate brokerages, a community association management firm and a real estate school. In 2013, Mr. Woods was awarded the Mid-Size Broker of the Year Award from the Realtors Association of the Palm Beaches. He also owns two real estate investor associations in South Florida.
Florida licensees will earn 4 hours of Specialty CE Credit upon successful course completion.