Elements of an Ideal Client Profile
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Commercial real estate loan (not one-four residential)
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Property location anywhere in the United States
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Loan delinquent or prospectively delinquent
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Debt service not covered by current income stream
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Property value significantly below loan principal balance
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Borrower-occupant's business performing well or capable of recovery within three years (for loan modification)
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Leased premises have high-vacancy or tenants vacating shortly
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Rate adjustment pending
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Balloon payment coming due
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Property taxes delinquent and nearing tax foreclosure sale
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Construction project halted without funds for completion
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Significant deferred maintenance or major capital improvements required
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Borrower has large amount of funds or can access such funds
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Limited-liability guarantees or no guarantees preferable