Today we’re going to discuss the commercial loan process and how you can best present yourself and your transaction to a commercial lender in the most impactful and successful way. Over the past 30 years John Matheson has been developing, permitting, and/or financing completed projects totaling over $50 million, primarily focusing on multifamily, mixed-use, and storage real estate. John is the managing member of J. Healy Development, a company that focuses on eco-friendly and sustainable commercial development to lesson a property’s footprint while increasing it’s value. John is also the CEO of Leverage, a finance software designed to help business owners and property investors pre-qualify their commercial loan before speaking with a lender. Today, John is going to share his favorite source of commercial loans and the three things all lenders look at first when evaluating your project or investment. We’ll also discuss the importance of NOI, cap rate, and DSCR, and what those terms mean. You’ll also learn the red flags lenders look for that might prevent you from getting the best loan terms. I know you’re going to gain a lot of valuable information from this episode.  You can find out more about John through Leverage’s website https://leveragecalc.com or by email at john@leveragecalc.com. Today’s episode is brought to you by Green Property Management, now offering a $250 per unit project allowance to new clients in West Michigan. Text "Green250" to 21000, or visit them at https://www.livegreenlocal.com/. And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. Visit https://www.rcbassociatesllc.com/ to learn more.