Book Description
Get a Second Opinion before You Sign Australia's first book on private lending and construction finance is indispensable for those working in the commercial mortgage field-as well as borrowers looking to obtain a mortgage. Commercial Mortgage Broker Shane Reynolds covers the essential elements in the preparation of a mortgage application, the process for successfully obtaining a commercial loan, hiring professional assistance, dealing with private lenders and related legal problems. In this guide, you'll learn how to: - avoid predatory lenders looking to make a quick buck; - succeed in uncertain times, identify opportunities, and secure funding into the future; - select a broker who'll look out for your best interests; - navigate various transactions. Reynolds also explains the history of lending in Australia, the impact of the global financial crisis and Novel Coronavirus on Australian banks, and private lending products. Filled with checklists, a glossary, and insights on where to go for more information, this complete guide to non-bank lending and construction finance is a timely reminder that what glitters may not be gold-and too much debt can swallow your financial legacy.