Commercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request Package Paperback – May 3, 2010

Detailed with good examples

Great read. Taught me a lot.

My commercial lender suggested I read this book. I've been involved in single family investing for a number of years now, and thought to apply the same metrics to investing in multifamily with a commercial lender. Oh, so different! This books unveils the "arcane mysteries" of commercial investing. Sounds silly, I know...but from the perspective of the single family world, this is a whole different universe. If you also need to make the leap from residential to commercial, make this book a priority read.

Thank you, Michael Reinhard, for writing this much-needed book which really delivers on its promises! As a former underwriter, I can appreciate the enormous value this book brings to the industry because I know first-hand the importance of a well-prepared submission package and the consequences of a poorly prepared one. The book is clear, concise and to-the-point. These pages don't contain any fluff. Everything contained is there for a reason and very well organized so you can find it easily when you need to reference back to it later. And if you want to do well, you will want to reference back over and over again as you prepare your submissions. Everything you need to improve your odds and submit a complete and thorough package is explained, including clear examples to illustrate. The reasoning behind each concept is well explained so the paperwork and the ratios and underwriting decisions all make sense if you are new. There is as much information in this book as I received in a 6-month intensive commercial training program at the bank I used to work for. I think this book should be considered The Essential Handbook for every beginning commercial loan agent, and I now recommend it to everyone who joins my team. It's the best training manual I have seen, and it should be kept nearby where it's ready to be grabbed frequently. This isn't a book you'll want to loan to a friend. This is the kind you tell them to get their own copy and expect it to be very dog-eared.

Michael Reinhard has accomplished more in 200 pages than several other courses in this field. His book has laid out a roadmap of the lender's requirements for successful commercial loan underwriting. In particular, chapter 2 gives commercial real estate investors a real appreciation of the details required to build a successful loan package. Michael's book is very appealing to beginners in the commercial loan origination business or real estate investors who want to gain a better understanding of the commercial loan process. I strongly recommend this book as a primer for anyone involved in the commercial real estate industry.Gerald HouseBusiness AdvisorProgressive Consulting Group, Inc.

Overall written really well but the the problem is the author doesn’t have a lot of experience in field, (only did 300m in 15 yrs).

I've done a number of small R.E. Developments. As I spoke to my banker about my next I admitted I didn't understand everything from the Banks perspective. He looked me right in the eye and said there is no excuse for that with all the potential you have you can't justify not knowing what I'm looking for. So I looked through a score of potential books. I ordered 3 and this one totally delivered! Unfortunately I left it at coffee shop and may have to order a second, but its that good! The perfect book to provide an intelligent Million dollar loan request.

Many real estate investment books make the assumption that the reader is somewhat versed or even aware of haw commercial mortgages work which is just not the case. This book provides great detail that those other books lack. The author sticks to the topic and provides a TON of great info without making it read like an encyclopedia. Considering the specific subject matter and level of information I was surprised at how good of a read it was.