Thursday, February 5, 2009

Sleds to the moon


Hey dear readers,

Have you ever watched anyone flip not once but twice a 450 pound machine? At the X games I was amazed and thrilled to watch these young whippersnappers do all manner of flips with snowmobiles sometimes even landing with no hands!!

Amazing. If you can ever see it live it has a much more guttural feel to it than watching on TV.

Commercial Lending Blues

It is too bad that commercial loans are very hard to get now. I am hearing of 6 to 8 month turn times and if you dont show enough income to personally qualify (even if the income off of the business is great) you may have a very hard time getting a loan, especially if you need $ 30MM.

However, I am still having sucess with very well qualified buyers on the commercial front but gee whiz it is hurry up and wait then wait some more, oh and wait some more. Hopefully it will loosen up shortly however I dont have a whole lot of hope as stated in previous posts banks are just using TARP funds for CY-ing their A. Mostly.

All for now, check my commericial lending site at http://commercialmortagebrokerage.com

It may have some interesting stuff on it to keep you busy thinking about.