You are receiving this letter because you either wrote to us or you are a commercial real estate broker client of either Blackburne & Sons or C-Loans, Inc. Today we'll talk about how to use a blanket commercial loan to create a down payment. We also have lots of cute, clean jokes, funny pics, and an inspiring video of our President after 9/11.

Joke Du Jour

When our second child was on the way, my wife and I attended a pre-birth class aimed at couples who had already had at least one child. The instructor raised the issue of breaking the news to the older child. It went like this: "Some parents," she said, "tell the older child, 'We love you so much we decided to bring another child into this family.' But think about that. Ladies, what if your husband came home one day and said, 'Honey, I love you so much I decided to bring home another wife.'" One of the women spoke up immediately, "Does she cook?"

And She's Buying a ...

One-Point Commercial Bridge Loans

Suppose you have listed a commercial property for sale, and the seller is getting antsy. You can often hold him off long enough to find a buyer by getting him a bridge loan. Blackburne & Sons offers a six-month bridge loan for just one point and no prepayment penalty. Please click here to submit a commercial bridge loan mini-app or call me, Tom Blackburne, at (574) 210-6686.

Purring Joke

Definition of purring: Sound of a cat manufacturing cuteness.

Blanket Commercial Loans to Create a Down Payment

Two different commercial brokers used this clever technique to close commercial loans with Blackburne & Sons recently, so this opportunity comes up frequently in real life.

The client wanted to buy a commercial property, but he lacked the cash for a down payment. Blackburne & Sons ended up making a first mortgage on the target commercial property, but we also blanketed one or two other rentals that the buyer owned. The equity that the buyer had in the rental properties served as his down payment. These deals actually closed.

I blogged on these deals recently. Be sure to subscribe to my blog for free training in commercial real estate finance.

Need a commercial loan? Simply complete this super-easy mini-app.

This Bar Could Be in Greece

Oldest Person Joke

"The world's oldest person has died. Again. Third time this year. Someone is killing the world's oldest people, and we do nothing about it." -- Jimmy Kimmel

Private Money Commercial Loans Nationwide From $100,000 to $3.5MM

Is your client's commercial property partially-vacant? Do you need a lender who will allow the seller to carry back a second mortgage? Does your client have a balloon payment coming due on his commercial property? Has your bank offered him a discounted pay-off? Does your borrower have less-than-stellar credit? Is your client's company losing money? Need a non-recourse commercial loan? We make slightly scratched-and-dented commercial loans.

Our hot, new product is a blanket loan against a portfolio of rental homes. Rental homes? Yup, as long as there are at least five homes or units, we consider this to be a commercial loan. We even offer a partial release clause. This loan is ideal for speculators.

Here is our latest rate sheet.

Blackburne & Sons is looking for commercial real estate loans that are not quite clean enough for a bank. Please click here to submit a private money commercial loan or call me, Tom Blackburne, at (574) 210-6686.

Note Exchange Joke

"Hillary Clinton signed a note this week for a nine-year-old boy, explaining to his teacher that he was missing school to meet her. In exchange, the kid wrote Hillary a note saying his dog ate her emails." -- Jimmy Fallon

Buying or Selling a Commercial Property? We'll Help Your Buyer With His Down Payment!

No one else in the entire country does what we do. We add our equity dollars - not debt dollars - to your buyer's down payment to create a down payment large enough to satisfy the bank.

The reason you need us is because banks are now requiring a 40% down payment on the purchase of most commercial-investment properties. To make matters worse, most banks today will not even allow the seller to carry back a second mortgage.

Does your buyer really want to put down 40% of the purchase price? Our small-balance preferred equity solves your problem. Please click here for more information about our preferred equity.

Blackburne & Sons (est. 1980) is a commercial private money lender. We will allow second mortgages behind our own first mortgages!

Please click here to apply for preferred equity or a private money commercial mortgage. You can also call me, Tom Blackburne, at (574) 210-6686.

Neanderthal Joke

"Scientists believe the first modern Europeans mated with Neanderthals. This is the oldest evidence yet of beer goggles." -- Conan O'Brien

Be Together, Not the Same

Sweet Apartment Program for "A" Deals

Blackburne & Sons has an incredible apartment loan program for "A" quality deals. The rate is adjusted according to the desirability of the property and the area, but it starts at 3.87% and 1 point for a fixed rate, 30-year fully-amortized loan. For more details, please call Tom Blackburne at (574) 210-6686.

Deathbed Joke

As he lay on his deathbed, the man confessed to his wife, "I cannot die without telling you the truth. I cheated on you throughout our whole marriage. All those nights when I told you I was working late, I was with other women. And not just one woman either. I slept with dozens of them." His wife looked at him calmly and said, "I know, darling, I know. Why do you think I gave you the poison?"

Two Ways To Earn Referral Fees For Commercial Loans

This one is an absolute no-brainer. You simply put a link to C-Loans.com on your real estate website. We once paid a $21,250 referral fee to a guy who was asleep when the lead came in! Here are the details.

You can also referral commercial loans by hand. Here is our referral fee program.

Ant Joke

Do you know how to tell a boy ant from a girl ant? Take a pail of water, and drop the ant in the water. If it sinks, its a girl ant. If it floats, its boy-ant.

Video of Our President Not Long After After 9/11

This is worth seeing, a true man under pressure. This is the opening World Series pitch after 9-11, fourteen years ago. Most people are not aware that a secret service guy dressed as an umpire the night President Bush threw out the first pitch during the 2001 World Series at Yankee Stadium. It's a great story. I'm surprised that none of the newspaper guys ever picked up on the "stranger" in the umpire's uniform.

And our President threw a strike.

On a Personal Note

My daughter had her first soccer game last night. I was not sure what to expect because this was her first organized sporting even. Being on the sideline instead of the field is not something I am used to. So, at the beginning, I really was starting to get frustrated with her inability to stay focused on the game. I had to constantly remind her to stay on the field and listen to the coach (not uncommon for a 4yr old). I also had to tell her several times to stop splashing in the puddles and start chasing after the ball! But after a little coaching and explaining on how the game is played, my daughter started showing real promise! She was able to run past defenders, steal the ball (usually from her own teammates), and the best part was that she was actually having fun. I am certain she got my athletic talent and I am so excited to see her progress into the next Carli Lloyd.

Don't Forget About C-Loans.com

We have a whole new crop of hungry commercial lenders on C-Loans, so if you have a commercial loan you're trying to place, it takes just four minutes to submit your deal to 750 commercial lenders. And remember, C-Loans.com is free!

Final Funny

Three little boys were visiting their grandparents. The oldest came out and asked his grandpa, "Can you make a sound like a frog, Grandpa? Grandpa (being in a kind of ill mood) responds, "No, I don't really want to make the sound of a frog now." So, the second little boy comes out and asks his grandfather, "Will you please make a sound like a frog?" Grandpa again says, "No, not now. I don't really want to do that. I'm in a grumpy mood. Maybe later." Then the third little boy comes out and says, "Grandpa, oh please-please-please, won't you please make a sound like a frog?" "Why do all of you boys want me to make a sound like a frog?" Grandpa asked. The little boy replied with a hopeful face, "Well, Mom said that as soon as you croak, we get to go to Disney World!"

Contact Information

4811 Chippendale Drive, Suite 101, Sacramento, CA 95841 Telephone: (574) 210-6686 * Fax: (916) 338-2328
Real Estate Broker -- California Bureau of Real Estate -- License Number 829677