Day 1 Talked to Capital Partners Company for a working cap loan of $35M 🥴 Imagine the fee at closing 🚀

I have a referral deal in Florida. They are looking for a cash out refinance for a pad split 8 unit. Pretty hard to get a new appraisal and find a lender that will fund a 30y.

https://app.heygen.com/videos/0a79fda886f34b9795e04fa6bec134bf Boom. I think I got my voice finally figured it out so it does not sound so robotic. Check it out! p.s. it skips and I am trying to regenerate and fix it.

Hi Dealmakers, I created a recent post on Linkedin that I wanted to share with you for those that might find this useful 😃 I recently got a call from a “new-ish” CRE mortgage broker who occasionally reaches out for advice. He told me about a client seeking a loan on a deal located in a state and asset class that his go-to lenders couldn't do. Without a budget for CoStar or other data platforms, he wanted to know how to efficiently source new potential lenders without wasting a lot of time. I’ve arranged CRE debt since 2007, and here’s a method I used early on to build a call list of viable lenders: 𝗦𝘁𝗲𝗽 𝟭: 𝗧𝗮𝗽 𝗶𝗻𝘁𝗼 𝘆𝗼𝘂𝗿 𝘁𝗶𝘁𝗹𝗲 𝗿𝗲𝗽. Call your favorite title rep and ask if they can set you up with access to a title profile platform like TitlePro24/7—and if they’re willing to give you a property report allowance. They’re usually happy to do this in hopes of earning your title business down the road. 𝗦𝘁𝗲𝗽 𝟮: 𝗪𝗵𝗲𝗿𝗲 𝘁𝗵𝗲𝗿𝗲’𝘀 𝘀𝗺𝗼𝗸𝗲, 𝘁𝗵𝗲𝗿𝗲’𝘀 𝗳𝗶𝗿𝗲. 🔥 Let’s say you get a loan request for a hotel in a market you don’t usually work in. Open a second browser tab and search for similar properties nearby—same size, same star rating, etc. Hotel booking sites are a great tool to quickly pull up a list of comparable properties with addresses. 𝗦𝘁𝗲𝗽 𝟯: 𝗨𝘀𝗲 𝘁𝗵𝗲 𝘁𝗶𝘁𝗹𝗲 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺 𝘁𝗼 𝘀𝗲𝗮𝗿𝗰𝗵 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗿𝗲𝗰𝗼𝗿𝗱𝘀. Paste the property addresses into TitlePro and pull up the mortgage history. You’ll often find current and past lenders - their funded loan amounts, and recording dates. If a lender has financed that hotel (or similar ones) recently or in the past, they’re more likely to consider your current deal. 𝗙𝗶𝗻𝗮𝗹 𝗦𝘁𝗲𝗽: 𝗕𝘂𝗶𝗹𝗱 𝘆𝗼𝘂𝗿 𝗰𝗮𝗹𝗹 𝗹𝗶𝘀𝘁. Take those lender names and do a quick online search to find the right contact in their CRE lending department. The lender website or LinkedIn is a good place to start. It’s a simple and effective way to open up new lender relationships without expensive tools. I just wanted to share here to help out the community of dealmakers!

I finally got my website to share worthy status. Next week I will figure out the logo and improve my funnels. But for now it is functional and I am comfortable with marketing it publicly. How is everyone doing with their website launches? www.livebettercapital.com