Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Chicago Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Sandra Shpilberg
3
Votes |
9
Posts

Finding a Good Loan for Commercial Real Estate

Sandra Shpilberg
Posted

Please teach me the best ways to get a good loan without using a debt broker. I'm open to your contacts. 

The investments that I need loan(s) for are solid and pretty de-risked NNN commercial tenants.

Most Popular Reply

User Stats

1,211
Posts
1,734
Votes
Joseph Cacciapaglia
  • Real Estate Agent
  • San Antonio, TX
1,734
Votes |
1,211
Posts
Joseph Cacciapaglia
  • Real Estate Agent
  • San Antonio, TX
Replied

Why don't you want to use a broker? I worked as a commercial mortgage broker for a few years, and I would still use one today if I were in the market for debt on a NNN deal. There are many commercial lenders that won't deal with you directly, and only work through brokers. There are others that you could find on your own, but you'll have no way of knowing if they're giving you their best rates. A good commercial mortgage broker will provide you with a lot more value than their fee will cost. That's not even including the time you'll save.

When I was in the business, the lenders we would use for a NNN deal would change on a weekly basis. Banks, credit unions, funds, life insurance companies, and other non-bank lenders all have different appetites for deals at different points in time. The only way to know who is quoting great deals on any given day is to be in the debt markets regularly.

Loading replies...