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Commercial Real Estate Investment/Expert Profile
Expertise
Questions concerning financing of commercial properties.
Experience in the area
Fannie, Freddie, FHA, and conduit versed lender for over a decade.
Average Ratings
Recent Reviews from Users
K = Knowledgeability C = Clarity of Response P = Politeness| User | Date | K | C | P | Comments |
|---|---|---|---|---|---|
| Peter | 02/06/12 | 10 | 10 | 10 | Thanks, Terrence, this is very helpful! |
| Peter | 01/08/12 | 10 | 10 | 10 | Thanks, I appreciate the helpful information! |
| Margaret Ann Hayes | 08/14/11 | 10 | 10 | 10 | Thank you. |
| John | 12/15/10 | 10 | 10 | 10 | Thanks, but nominating for volunteer of the ..... |
| Chris | 04/17/09 | 10 | 10 | 10 | Thanks, TC. I appreciate the advice. Currenly ..... |
Recent Answers from Terrence Cullen
2012-03-21 Wrap around financing land:
The only issue I have is that the land loan is at 75%LTV and that number is based on an appraisal that I haven't seen and the Bank didn't authorize. If you have it appraised, then it is not arms length
2012-01-06 getting loan to consolidate debt:
In actuality the idea of not having all your eggs in one basket is a solid concept with banks going from flush to freeze without notice. I am worried that you are not getting all your write offs--check
2011-10-18 A "Bad" Mortgage?:
A bad mortgage is one whose either the underwriting was flawed due to an improper appraisal, the credit ratios are incorrect, and/or a combination of factors have resulted in a non-performing mortgage
2011-03-18 Mortgage Loan Call:
Possibly your credit standing has changed since you paid off the last loan. I would attempt to refi it once again with another lender whom you have a RELATIONSHIP. I hope it is fallen through the cracks
2010-12-17 Financing:
I do not have the current cap rates for Greenville, SC, but based on the NOI I see a very viable deal. The issue being is the Greenville SC which is not a particularly strong market. If you have some comfort
Answers by Expert:
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