After you've made the decision of
getting into the game of real estate industry, the next biggest decision you
need to make with regards to the financing options for raising funds for buying
real estate property. Now, this decision is going to have a great impact on the
overall profitability of your real estate transaction. Getting a loan is an
easy decision to make but what loan to buy, where to apply for it, how to
choose the right kind of loan can only be best decided if you can hire an
expert who knows the tips and tricks of the game! It takes an expert to exactly
tell you what type of loan you must use and why! Here's a small guide on how to
find the right commercial
real estate loan advisor. Being an expert in choosing the expert is the
best game plan! Read on!
1) Experience and expertise counts
There's a reason why people say learn
from the experience you've got! Search for a loan advisor who has got good
experience in the real estate industry. His experience can be reflected in his
knowledge, his guesses that hit the right dart, his previous client history and
so on. And how to know if he's an expert? An expert is one who can clearly tell
you what loan you need to finance and why! Answering to why with precision
shows that he's an expert!
2) The testimonials
Feel no shame in asking your loan
advisor to show you the testimonials expressed by his previous clients. This
shows a lot about how good he is in the game! Talk to his old customers if
possible and assume all rights to do so! After all, it's a fortune of money
you're staking!
3) The network
A
good loan advisor is one who has good network and who can exactly tell you the
names of few loan providers who can help you in financing your loan.
