In todays economy, borrowers are behind the 8 ball
The Year of the Lender:
It is a fundamental tenet of economics that outrageous profits breeds competition. And this is exactly what we need in commercial real estate finance right now. We need for private commercial lenders to make immense returns for the next year or two so that the banks will be enticed by envy and greed to return to the market.
Until banks are drooling over the fortunes amassed by private lenders from freshly made commercial loans, don’t try to place your commercial loans with banks. You are just doomed to frustration. Instead, bring your commercial loans to private money such as those that are represented by Ovadya Funding Group International, Inc.
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