You need someone who's thoroughly familiar with KY law and the local customs.

The Small Business Administration does not do non-owner occupied commercial real estate loans, however, there are SBA lenders who like to deal with brokers because they keep deals flowing through and it is easier to pass the fees off to the customer.

My borrowers are good repeat customers now so it’s a non issue but I’m wondering what to do in the future.

I know a guy that goes to the strip mall boutiques and offers his services and over 80% of his customers are now business owners who value that back room space of their shops.

When I post an ad on Craigslist, I usually ask for pictures of work done and references, which I do call to check on.The references has to be GC's they worked for or customers they did work for, nothing less.

Hello again Janet and fellow investors,I'm not surprised when you mention creative terms such as owner financing and lease options, things get a little heated.This reminds me of the Auto repair shop that we built from scratch, and even during some pretty tough times, we were able to grow it by focusing on giving our customers "WOW" service, mixed in with a healthy portion of ethics and honesty.We also invested the time and money to learn the complex workings of today's cars, which allowed us to fix them right the first time!

All a swap really is is a customized futures or options contract.

I have heard complaints from other customers of them doing the same thing.Three letter name before the word "Loan."

Think about it for a minute, if you were able to qualify for a $200,000 loan 4 years ago, and nothing change in your life (same job, same people in your family etc..) why would the bank change your loan.And now let's say you lost your job, then why would they modify the loan when they know you are not gonna pay anyway.Let's say you didn't loose your job but your income dropped, then now you don't qualify for the loan because of today's loan criterias.In short, banks don't want to modify, because they don't want to create an habit for their customer to try to modify their loan.I know it's not fair when you see how much TARP money they got from the govt.

I wouldn't be surprises to see them go out of business real soon the way they're handling themselves.They lost your business and have an angry ex-customer.