Initial Conversation with a Commercial Broker (Georgia)

[Chukwudi Motanya]

Hi BP Family,

I am looking to invest in Multi Families (5+ units) and I am starting with the education process. I know financing will be a part of my plan, but I am new to the world of commercial financing. My first thought is that I should talk to a broker to have initial conversations so I can educate myself about the world, but I wonder if I run the risk of just wasting his/her time and coming across as too green. Does it make sense to make introductory conversations with commercial brokers or to wait until I am a little more advanced in the process?

Thanks for reading,

Chudi

[Michael Blank]

Hi @Chukwudi Motanya - before talking with brokers I would learn some of the lingo first, especially how to analyze deals. That way, when you talk with brokers, you don't sound like a newbie. @Chiagozie Fawole , thanks for suggesting my web site. You might start with the free ebook "The 10-minute offer" which shows you how to analyze deals and use the right language. www.syndicateddealanalyzer.com/ebook. Hope that helps!

Michael