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Getting Started as a Commercial Mortgage Broker: How to Get to a Six-Figure Salary in 12 Months, by Peter J. Gineris
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While residential real estate lending has gone soft, commercial lending is hot—with a wave of low interest rates and refinancing—and it shows no sign of slowing down. Right now, commercial mortgage brokering is one of the best ways to earn money without a ton of training. In this practical guide for first-timers, you’ll learn the basics of brokering from application to closing, as well as inside information you won’t find anywhere else. So get started!
- Sales Rank: #121920 in Books
- Brand: Gineris, Peter J.
- Published on: 2008-12-03
- Original language: English
- Number of items: 1
- Dimensions: 9.30" h x .75" w x 6.20" l, .83 pounds
- Binding: Hardcover
- 208 pages
Most helpful customer reviews
5 of 5 people found the following review helpful.
A great intro to a growing industry that deserves serious consideration.
By Patrick Roane
This book is an excellent introduction to the Commercial mortgage industry. It is up to date and the author makes an effort to state the distinction between the residential and commercial mortgage business. He also touches on important and relevant topics such as the sub prime crises and how it effected the mortgage industry and why people should not be afraid to get involved now, as there is ample opportunity. This is for the layperson, and he describes the nuts and bolts of the industry very well. Gineris also makes it easy for the reader to understand the vocabulary and concepts so inherent to the industry. He gets into lending, borrowing, commercial mortgage-backed securities, etc. Albeit, a strong income potential can be realized in a relatively short period of time (comparatively speaking), this is not a get rich quick scheme. But for those who work hard, smart and take this business seriously, one can make physician level income and have a lot of fun doing it.
5 of 6 people found the following review helpful.
Completely unhelpful intro into commercial real estate
By z
Let me start off by pointing out that this 190 page book includes 45 blank pages and 11 pages of photographs of what a commercial building looks like. As if we have no idea what an office park or Walmart looks like.
I have over a decade of experience in residential financing and was hoping that this book would help me better understand the commercial end. At best, this could have been a 15 page pamphlet. It is absolutely NOT a $27 book. The advice given over and over again is basic elementary sales advice.
You will gain painfully little from reading this book if you have ANY experience whatsoever in sales or real estate.
Total waste of time.
2 of 2 people found the following review helpful.
Excellent
By lee
I thought this book was very educational, and I revert back to it for steps with commercial mortgages. There are a few steps that are missing from the book and is hard to figure out. Just for new people out there entering into the commercial market if you want to get set up with lenders go to [...]. This book answers mountains of questions that you may have, which will lead you to ask a lot more questions. The only thing to do is get out there and start mortgaging.
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