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Why
Relationship Lending is Crucial to Success
A relationship with a solid lender is a
catalyst to success for every Real Estate Investor. Find a lender that
can provide objective insight to investment analysis, financial planning,
leveraging and business development, and youve found a needle in a hay
stack. Better than 95% of the Lending Offices Nationwide are Predominantly
Residential Loan Production Offices, with limited to no experience in
Investment Property Lending. That means 95% of the time, you are
entrusting a Loan Officer specializing in Residential Loans, to finance the
interim and long-term growth of your business. How prudent is that?
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Minimum Requirements of a Solid Investment
Property Lender |
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High Leverage
Investment Property Loans (100%)
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100%
Investment Property Lines of Credit
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Full Selection
of Conventional,
Sub prime,
Hard Money and Private Lending
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Banker/Lender
with the capacity
of
Correspondent Lending or Brokering
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Electronic
Underwriting Capability
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Support Staff
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Minimum Requirements of an Investment Lending
Loan Officer/Consultant |
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Client base consist of at least 50% Real Estate Investors
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Knowledge of Cash Flow & Speculative Investing and Market
Analysis
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Knowledge of Financial & Tax Planning
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Precision, Reliability and Integrity
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Fair Compensation Requirements
Progressives book of business consists of over 95%
Investment Property transactions. The remaining
5% is
comprised of personal transactions for the clients and families of its Real
Estate Investors. Our principals play an active & respectable role in the
Real Estate Investment Community. As a result, our knowledge of Investing,
Financial Planning and the relationship such has to the principals of
lending, are unsurpassed in the industry. Offering several 100%
Loan-to-Value Lending Programs (As well as many others), with precision, on
time closings, and competitive pricing, is merely nothing more than an added
bonus.
In a solid relationship, a Real Estate Investor
should feel
110% confident in their money partner. Your time should be spent
identifying and securing the next potential deal and not worrying about
current or future financing. We will push you to reach the highest level of
lend-ability, and help design a Production line format for your
acquisitions. With our combined commitments to a relationship, you will
simply do nothing more than fax us a Purchase Agreement and move on to your
next deal. Picture not having to spend countless hours with your loan
officer or a new loan officer for each transaction, "Time and time" again
having to
explain,
and repeatedly
fax documents. As Investors ourselves, we understand the frustrations of
dealing with the mortgage industry. Unfortunately, without
capital,
business
ceases to exist. This is why weve created a system specifically designed
for the Real Estate Investor.
In addition, we will offer tremendous insight
on investing. We will share with you money making or money saving
techniques employed by successful investors. In time, we will share with
you our very own trade secrets in identifying solid buys, marketing, tenant
procurement and business financial management. We will help you fuel the
growth of your business. In the end, you will avoid spending countless
hours if not days with a Lending Officer for each new transaction, and we in
essence, avoid spending countless hours if not days with each new investor.
While our initial time
investment is significant,
the rewards of understanding and developing a key relationship with each
investor leads to extreme proficiency in the process, enabling subsequent
loans to become funded in a fraction of the time as the previous
transaction.
In return, all we ask is to be treated as if we
were your partner. Remain honest, fair and extend the highest level of
loyalty. In the long run
.the dividends spawned by such a relationship will
be instrumental to the growth of our combined businesses.
Allan B. Beraquit
Progressive Companies
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Progressive Residential Mortgage Lending, LLC
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Progressive Investment Partners, LLC
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