Blog

  • Personal Income and Cash Flow
    Personal Income and Cash Flow Table of Contents Personal Income and Cash FlowGross income iSelf-Employment IncomeNet Cash Flow and Taxable Net Cash Flow from Rental IncomeCash Flow Statement Personal Income and Cash Flow In addition to net worth, liquidity, and good credit, borrowers musthave adequate cash flow. There are many …

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  • Credit Score and History
    Credit Score and History Table of Contents Credit Score and HistoryFive Adverse Credit Conditions Unacceptable to a Commercial LenderLate Paymend HistoryHigh Credit BalancesCollections and Delinquent AccountsLack of CreditForeclosures, Bankruptcies, and Summary Judgments In years past, commercial real estate lenders paid little or no attention to personal credit scores and payment …

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  • FINANCIAL STRENGTH AND CREDITWORTHINESS
    FINANCIAL STRENGTH AND CREDITWORTHINESS Table of Contents FINANCIAL STRENGTH AND CREDITWORTHINESSNet Worth and LiquidityAssetsNon–Real Estate AssetsReal Estate Assets, Cash Equity, and Market EquityCost Vs Market ValuePre-Funding LiquidityPost-Funding LiquidityLender’s Calculation of Net Worth and Pre-Funding and Post-Funding Liquidity FINANCIAL STRENGTH AND CREDITWORTHINESS Commercial real estate lenders base their decision to fund …

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  • Commercial Mortgage Terms
    Commercial Mortgage Terms Table of Contents Commercial Mortgage TermsMaturity PeriodAmortization PeriodLoan-to-Value RatiosInterest RatesPrepayment PenaltyRecourse vs. Nonrecourse Loans There are six basic components or financing terms common to allcommercial mortgages: the maturity date, the amortization period,interest rate or note rate, loan-to-value, pre-payment penalty, andrecourse provision. Collectively, these six components are simplyAn …

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  • Types of Commercial Real Estate Lenders
    Types of Commercial Real Estate Lenders Table of Contents Types of Commercial Real Estate LendersBanksLife insurance companiesConduit LendersAgency LendersCredit CompaniesMortgage BankersPrivate Lenders Types of Commercial Real Estate Lenders Commercial real estate loans are originated by thousands of differenttypes of lenders, either through correspondent relationships ordirectly to the borrower. “Loan origination” …

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  • What is a Commercial Mortgage
    What is a Commercial Mortgage Table of Contents What is a Commercial MortgageMortgage DefinedCommercial DefinedTypes of Commercial PropertiesNon-Income-Producing PropertiesIncome-Producing Properties The termSingle Tenant PropertiesMultitenant Properties What is a Commercial Mortgage The simplest definition of a commercial mortgage is basically this: aloan for the purchase or refinance of a commercial property. …

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  • THE PROFIT FIRST LIFESTYLE
    THE PROFIT FIRST LIFESTYLE Table of Contents THE PROFIT FIRST LIFESTYLERIP OFF THE BAND-AIDDEATH TO DEBTLOCK IN YOUR LIFESTYLEPROFIT FIRST KIDSACTION STEPS LIVE PROFIT FIRST The ultimate goal of the Profit First Lifestyle is financial freedom, which I define as doing what you choose to do whenever you choose to …

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  • Advanced Techniques To Profit First
    Advanced Techniques To Profit First Table of Contents Advanced Techniques To Profit FirstADVANCED SIMPLIFICATIONINCOME ACCOUNTTHE VAULTSTOCKING ACCOUNTPASS-THROUGH ACCOUNTMATERIALS ACCOUNTSUBCONTRACTOR/COMMISSION ACCOUNTSEMPLOYEE PAYROLL ACCOUNTMAJOR EQUIPMENT ACCOUNTDRIP ACCOUNTPETTY CASH ACCOUNTSALES TAX ACCOUNTWRITE DOWN THE PROCESSPICK YOUR PAY TO FIND THE NECESSARY BUSINESS INCOMEWHEN YOU HAVE MORE THAN ONE BUSINESS OWNERTHE PARETO OVERLAPMINI POWER …

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  • Found Money
    Found Money Table of Contents Found MoneyWHY EVEN FAT CATS NEED EFFICIENCYDO THIS FIRSTFIRE BAD CLIENTSCLONE YOUR BEST CLIENTSSELL SMART I have yet to meet an entrepreneur who hasn’t wanted to hire a “rainmaker”—that magical salesperson who, like the companies that say they can give you access to your great-grandmother …

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  • LEAST EFFORT BIGGEST RESULTS
    LEAST EFFORT BIGGEST RESULTS You too must utilize the power of small actions. What is the biggest bang for the buck with the least effort? When it comes to fixing things, we need to build emotional momentum. Kinda like going to the gym. If you go back to the gym …

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  • Destroying Debt
    Destroying Debt Table of Contents Destroying DebtANOTHER SIMPLE SOLUTION MOST PEOPLE DON’T BELIEVE ACTUALLY WORKSTHE “JUST ONE MORE DAY” GAMETHE WORST MONTHTHE DEBT FREEZE Well-dressed poverty is still poverty. Just because your business is making lots of money doesn’t mean you’re hanging onto it. Too many entrepreneurs believe that the …

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  • The Five Laws of Gold You Must Know
    The Five Laws of Gold You Must Know Table of Contents The Five Laws of Gold You Must KnowThe First Law of GoldThe Second Law of GoldThe Third Law of GoldThe Fourth Law of GoldThe Fifth Law of Gold “A bag heavy with gold or a clay tablet carved with …

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  • Meet the Goddess of Good Luck
    Meet the Goddess of Good Luck “If a man be lucky, there is no foretelling the possible extent of his goodfortune. Pitch him into the Euphrates and like as not he will swim out with apearl in his hand.”—Babylonian Proverb.The desire to be lucky is universal. It was just as …

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  • Cures For a Lean Purse
    7 Cures For a Lean Purse Table of Contents 7 Cures For a Lean Purse#1 CURE. Start thy purse to fattening#2 CURE. Control thy expenditures#3 CURE. Make thy gold multiply#4 CURE. Guard thy treasures from loss#5 CURE. Make of thy dwelling a profitable investment#6 CURE. Insure a future income#7 CURE. …

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  • The Richest Man In Babylon
    The Richest Man In Babylon In old Babylon there once lived a certain very rich man named Arkad. Farand wide he was famed for his great wealth. Also was be famed for hisliberality. He was generous in his charities. He was generous with hisfamily. He was liberal in his own …

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  • An Historical Sketch of Babylon
    An Historical Sketch of Babylon In the pages of history there lives no city more glamorous than Babylon. Itsvery name conjures visions of wealth and splendor. Its treasures of gold andjewels were fabulous. One naturally pictures such a wealthy city as locatedin a suitable setting of tropical luxury, surrounded by …

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  • How Financial Profit First Works
    How Financial Profit First Works How Financial Profit First Works – It’s funny how losing nearly all of your money can cause you to watch a lot of late-night network TV. What? Before you side-eye me, this was right after I lost all of my money to my own arrogance, …

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  • Spending Less Saving More
    Spending Less Saving More Table of Contents Spending Less Saving MoreDealing with DebtUsing Savings to Reduce Your Consumer DebtUnderstanding how you gainFinding the funds to pay down consumer debtsDecreasing Debt When You Lack SavingsReducing your credit card’s interest rateCutting up your credit cardsDiscovering debit cards: The best of both worlds …

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  • Funding Kids Educational Expenses
    Funding Kids  Educational Expenses Table of Contents Funding Kids  Educational ExpensesSaving for Big PurchasesPreparing for Retirement/Financial Independence Wanting to provide Funding for Kids Educational Expenses is perfectly natural, but doing so before you’ve saved adequately toward your own goals can be a major financial mistake. The college financial-aid system effectively penalizes …

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  • Saving to Buy a Home or Business
    Saving to Buy a Home or Business When you’re starting out financially, deciding whether to save money to buy a home or to put money into a retirement account presents a dilemma. In the long run, owning your own home is generally a wise financial move. On the other hand, …

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  • Managing Where Your Money Goes
    Managing Where Your Money Goes Table of Contents Managing Where Your Money GoesExamining OverspendingHaving access to creditMisusing credit cardsTaking out car loansBending to outside influences and agendasSpending to feel goodAnalyzing Your SpendingTracking your spending on “free” websites and apps HERE YOU WILL LERN TO  Understanding why people overspend  Assessing your …

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  • Knowing the Difference between Bad Debt and Good Debt
    Knowing the Difference between Bad Debt and Good Debt Table of Contents Knowing the Difference between Bad Debt and Good DebtGetting your way in to bad debtRecognizing bad debt overloadTHE LURE OF EASY CREDITAssessing good debt: Can you get too much?Playing the credit-card floatAnalyzing Your SavingsYour Savings Rate over the …

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  • Easy Rules Of Your Credit Score And Reports.
    Easy Rules Of Your Credit Score And Reports. Table of Contents Easy Rules Of Your Credit Score And Reports.Understanding what your credit data includes and meansObtaining your credit reports and scoreImproving your credit reports and scoreGetting credit report errors correctedTelling your side of the storySidestepping “credit repair” firms You may …

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  • Determining Your Financial Net Worth
    Determining Your Financial Net Worth Table of Contents Determining Your Financial Net WorthAdding up your financial assetsYour Financial Assets TableSubtracting your financial liabilitiesCrunching your numbersYour Net WorthInterpreting your net worth results To Determining Your Financial Net Worth, you need to know your financial net worth is an important barometer of …

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  • Free 2021 Debt Relief Consultation Program
    We will be clad to have you on board for this First of all thank you for showing interest in our financial program by Visiting this page, Lucky you this week we have Free offers to improve your finance and clear your debt. Take 10 seconds to complete the form …

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  • Financial Literacy Finding Your Way in the Financial Markets
    Financial Literacy Finding Your Way in the Financial Markets Table of Contents Financial Literacy Finding Your Way in the Financial MarketsFinding Your Way in the Financial MarketsBorrowing and Lending Money Without BanksStrategies for Managing Finacial Rist Everyone should strive to improve his or her financial literacy. Better financial literacy will …

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