Commercial Revolution™ Guidelines
Overview:
Because Peter and Jerry are always looking for great deals, when you find a really good commercial
deal, we’ll take a look at it. If it meets our approval we’ll work with you to structure the deal, provide
the funding if needed, and of course split the profits with you on a 50/50 basis. The ideal commercial
deal is going to have a strong LTV (loan to value) so that our investors are well secured. The
properties we choose also have a strong positive cash flow and are usually in good locations.
Commercial Revolution™ Guidelines:
! Must be a good location in the United States
! Apartments, Office Buildings, Mobile Home Parks, Self Storage, Retail, Shopping Centers
st
! Cash in the deal maximum 65% of current value and secured with 1 Deed of Trust
! Debt to income needs to be 1.2 or better
! Price range $200,000 to $5,000,000
! Term deals acceptable such as Owner Carry, Master Lease, and “Take Over Existing Financing”
Here’s how it works:
You make multiple offers in your name/entity to acquire commercial properties in desirable
locations that we can either flip or hold and sell for a profit. You are responsible for and will be
guided through the process of finding and submitting deals that meet our guidelines. From our side,
we’ll show you what to do, provide the tools for you to analyze and qualify deals, get
commercial properties that fit our criteria under contract and then submit those deals for our
approval. If and when the deal qualifies, we’ll work with you to set up a successful closing
and ongoing management of the property. After subtracting all expenses including costs of
financing, interest payments, accounting, etc. then we’ll split the profits with you on a 50/50 basis.
Training Modules
This document will outline the basic criteria for submitting deals. However, to have a solid
understanding of how the program works, refer to the Commercial Revolution™ Training modules
located on the member’s site.
Coaching Calls
This is where you are able to connect with us, review your deals, and get any help that you need. Once you
have a deal or deals that meet the above criteria, your coach will walk you through the steps
to help complete your transactions.
Submission Guidelines:
All paid members who are active in the program qualify to submit deals. It is important that ALL of
the information requested is provided so that we can conduct proper due diligence. Copies of the
contract and all other requested documents should be combined into one email and sent to the
email address provided by your coach. Submissions that are incomplete are subject to be declined.
The basic qualifications for submitting a deal are provided here:
1. The Property Must Be Under Contract: One of the most important factors is that a deal must
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be under contract in your name/entity in order to submit it for review. The reason for this is
simple, we invest large amounts of time analyzing each deal and we cannot use our valuable
time (nor should you) on a deal that is not under contract.
2. Inspection Clause and Earnest Money Deposit (EMD).: Since it’s your responsibility to get
the deal under contract in order to submit for review, it is imperative that you get a 15 business
day inspection clause. This is usually done by referencing and attaching the “Additional
Provisions” page to the standard commercial contract which is commonly used by commercial
brokers in your state. If, for whatever reason we do not accept a deal, you can exercise the
inspection clause and back out of the deal. It is your responsibility to retain any/all earnest
money deposit you may have in any deal(s).
3 . Closing Dates: Your purchase contracts should allow 60 to 90 days to close from time of
completed inspection period. This allows you to offer a fast closing plus gives everyone the
time to complete the various tasks including due diligence, closing documentation and allows
us a window of time to get the capital, if needed, in place to fund the deal.
4. Be Coachable: Peter and I are excited to work with investors who are coachable and eager to
learn and make money. After buying, owning, managing and flipping commercial properties since
1990, we’ve been down the path of overestimating values and underestimating costs and know
how to avoid most of the problems that cause other investors to pull their hair out. To protect our
money, investor’s interests and avoid the remote chance that someone claims big damages
because their deal didn’t get funded, we reserve the right to either approve or disapprove any
deal for any reason whatsoever in our sole judgment.
Why deals don’t get funded:
One of the best lessons you’ll get from us is in learning how to manage the risk that is associated
with real estate investing. Get this wrong and you’ll end up losing money quickly. Once you
discover that the same guidelines and decision making process that we use can be used to someday
help your own private lenders feel comfortable providing money for you to invest, this will all make
sense to you. While everyone can expect some frustration from time to time, the biggest reasons that
deals are not funded is that the current property value is inflated above the actual value or cannot be
verified (lack of comps) and because of a poor location.
When submitting a deal…
Make sure to include everything that your coach has asked for. Falsifying or misrepresenting
information may result in immediate termination from the program. This outline and any other deal
submission guidelines are subject to change so make sure to check the website for the most up to date
information regularly.
Email all deal correspondence to: [email protected]
Congratulations on taking a big step toward changing your financial future forever. Commercial
properties have changed our lives for the better in a huge way and we know that once you start buying,
owning, and flipping commercial properties you’ll discover how much fun you can have once you’re
also making a ton of money.
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To your Success,
Jerry Norton and Peter Conti
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