Posted: April 15, 2015
By:admin
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Comments: 3
Commercial property lending is a multi-billion dollar per year industry in the United States, that when done right can bring in monumental benefits for those involved. Learning the skill involved in besting commercial lending will last the learner a lifetime. However, with the uncertainty of the economy and the market, few individuals think it worthwhile to “jump into the unknown” when it comes to this potentially lucrative field. However, what makes a success of commercial lending?
As with everything, it is only through education, knowledge and application of this knowledge that true success can be achieved. This universal principle remains the same with commercial property lending; it is only through effective real estate education that you can make a success of your endeavors in this field. The truth of the matter is that there are not many avenues available for people who want to learn about commercial property lending. The information provided to those eager to learn is either vague or hard to understand, or horribly overpriced. Even the act of helping people learn has become more about making a dollar than the individuals involved. Kennedy Mortgage Corporation and Keith Kennedy have transformed that.
In the most ideal sense, real estate education should be free and imparted by persons who have extensive knowledge of the topic. The benefits of this are obvious; who would take financial advice from someone who doesn’t know what they are talking about? Still, it can be a challenge to find the right advice. Finding free advice can be an even bigger challenge, simply because it is very rare to find individuals and organizations that genuinely have the interests of their costumers at heart.
However, Kennedy Mortgage Corporation has revolutionized real estate education, by introducing the free eBook Commercial Real Estate: Fundamentals of Income Property Lending for Beginners authored by President/CFO, Keith Kennedy. With more than 35 years in the commercial property lending field, the steps and tidbits of advice recorded in this FREE eBook do more than just tell you what’s going on
in the market, it’s a complete educational course complete with workbook-style questions. The fact that this eBook is free to the public, underscores the fact that Kennedy Mortgage Corporation is genuinely interested in the welfare of those interested in learning about commercial real estate lending. The information contained within this book is invaluable, and far outweighs anything published on commercial real estate lending today.
Keith Kennedy has originated over one billion dollars in commercial real estate loans, despite the unpredictable and highly competitive nature of the market. The tips and tricks he used to stay afloat during those tumultuous times are recorded in this free eBook as well, to help educate you on how to make the most of the time you invest in commercial property lending, and how to make a career out of it.
When asked about his motivation for authoring this book, Keith Kennedy had this to say: “Most borrowers own only one or two properties, and when they make a loan it is usually for 10 years. During this time the market changes rapidly and when they need to go back to refinance, they find that the products offered 10 years ago have changed completely. During my 35 years in the business, I have seen many brokers submit loans to me for submission to highly qualified underwriters and lenders. They have no idea how a package should be submitted and what paperwork was required. Nor do they know what products are available for their clients.” It was
from this need that Commercial Real Estate: Fundamentals of Income Property Lending for Beginners was born.
The best part of this eBook, apart from the fact that it won’t cost you a cent to acquire, is that it’s designed for beginners! This eBook isn’t one
designed for those with extensive knowledge of the field, although at least some basic knowledge is required. It’s meant to build your knowledge of the market from the ground up, and provide you with the needed real estate education. Each term used is properly explained, in fact, there’s a whole section dedicated to deciphering the trends in the market, as well as defining all the different terms and phrases used in
this field! There is also a section dedicated solely to the explanation of the different types of lending agencies, their source of funds, their monitoring agencies as well as the indexes they use on their loans. Each page leaves you feeling more knowledgeable. This eBook isn’t vague and abstract; it’s tailored to your needs as an individual, and the information contained within is practical.
Commercial Real Estate: Fundamentals of Income Property Lending for Beginners is more than just an eBook! It’s a eWorkbook, the first of its kind in the commercial real estate field. This book effectively becomes your teacher through its pages, and the knowledge it will impart to you is unparalleled by any other book on the market to date. The fact that it is completely FREE is just an incentive, compared to the invaluable information that it will impart to you.
For more information about Commercial Real Estate: Fundamentals of Income Property Lending for Beginners and how to obtain your free
copy, email us at keith@mtgpower.com. Or visit our website www.mtgpower.com
May 14, 2015 4:09 am
I must think a lot like you, because your views and mine are similar. Your article created a lot brain activity for me. Thank you.
June 17, 2015 7:44 pm
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June 30, 2015 8:12 am
Really enjoyed this post.Thanks Again. Really Cool.