Top Ten List of Why Deals Fail!

The battle for Night-time host is heating up, I decided that I was going to take a stand and side with David Letterman over Conan, & Jay Leno. To show my allegiance to Dave I am going to be posting in a style that I know he would approve of. For those David Letterman fans here is my top ten list of why deals will fail.

Number one on the list is the buyer does not have the proper down payment
Number two on the list is the property does not cash flow
Number three on our list the borrower has poor credit
Number four on the list is the property does not appraise at the purchase price or better
Number five on the list the borrower does not have enough closing liquidity
Number six on the list is the property leases are not long-term but are month to month
Number seven on the list the borrower does not have the requisite experience
Number eight on the list the property is in an undesirable location
Number nine on the list the borrower’ personal needs are too high
Number ten on the list is lack of collateral for both Business and Commercial loans

Over the next ten days I will be thoroughly examining each of the above reasons why deals fail. We are definitely starting to see a trend again with lenders tightening up, it’s almost like they ae preparing for a major fall again. Let’s hope not! Good loans can be closed, it’s just that the lenders are under such scrutiny today with the FED watching everything that the lending community is being very very cautious. However, a good SBA Loan will close every day. With 90% Guarantee and no SBA Guarantee Fee it is your best loan out in the marketplace.

Please pick up our book GET Your Loan Closed, so that you will not fall victim to the top ten list above.  Buy it today for only $37.00 - immediate download