|Author :||Jae K. Shim, Ph.D., CPA|
|Course Length :||Pages: 97 ||| Review Questions: 51 ||| Final Exam Questions: 45|
|CPE Credits :||9.0|
|IRS Credits :||0|
|Passing Score :||70%|
|Course Type:||NASBA QAS - Text - Technical - NASBA Registry|
|Primary Subject-Field Of Study:||
Specialized Knowledge - Specialized Knowledge for Course Id 1757
This course is designed to help both working CPAs and financial personnel develop the knowledge and techniques required to review a variety of financing activities pertinent to businesses and commercial and residential real estate endeavors.
The course focuses on the basic principles, concepts, terminology and instruments to learn and understand how to review a client or loan, and also delineates the various services available in the financial community.
It introduces the reader to the available commercial financial services, specialized terminology and financial documents and instruments used in these services. Various business financing sources are covered. The course covers commercial real estate financing, analyzing income property loans, and the lending processes involved. A sample analysis of a proposed apartment project, as well as factors to be considered for projects involving shopping centers, office-warehouses, general offices, and other types of real estate ventures, are included in the last chapter.
|Usage Rank :||0|
|Experience Level :||Overview|
|Additional Contents :||Complete, no additional material needed.|
|Additional Links :||
Different ways to invest in real estate
|Advance Preparation :||None.|
|Delivery Method :||QAS Self Study|
|Intended Participants :||Anyone needing Continuing Professional Education (CPE).|
|Revision Date :||23-Jan-2023|
|NASBA Course Declaration :||Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.|
|Approved Audience :||
NASBA QAS - Text - Technical - NASBA Registry - 1757
|Keywords :||Specialized Knowledge and Applications, Guide, Commercial, Real, Estate, Finance, v10, cpe, cpa, online course|
|Learning Objectives :||
2. Identify goals for federal loan programs and factors in determining FICO scores.
2. Identify the sources, classifications and types of mortgages.
2. Identify benefits from factoring and leasing.
3. Identify investment criteria for venture capital firms.
2. Recognize how lenders evaluate commercial real estate properties and borrowers.
3. Recognize lending rule-of-thumbs and terminology.
4. Recognize how property types affect value, risk, and financing sources.
5. Identify aspects and steps of the construction loan process.
|Course Contents :||
Chapter 1: Real Estate Loans
Basic Review of Real Estate
Residential Loan Types
Real Estate Loan Origination
Chapter 1 Review Questions
Chapter 2: Real Estate Financing
The Loan Process
Chapter 2 Review Questions - Section 1
Sources of Funds
Classification of Mortgages
Chapter 2 Review Questions – Section 2
Housing: The Cost of Shelter
Chapter 2 Review Questions – Section 3
Chapter 3: The Fundamentals of Investing in Real Estate
Fundamentals of Investing
Investing in Real Estate
Chapter 3 Review Questions
Chapter 4: Commercial Finance
Commercial Finance Services
Accounts Receivable Financing
Chapter 4 Review Questions – Section 1
Types of Leases
The Advantages and Disadvantages of Leasing
Small Business Administration (SBA) Loans
Venture Capital Financing
Chapter 4 Review Questions – Section 2
Chapter 5: Introduction to Commercial Real Estate Financing
Analyzing the Income Property Loan
The Income-Property Lending Process
Permanent Mortgage Investors
Chapter 5 Review Questions – Section 1
Sample Apartment Analysis
Chapter 5 Review Questions – Section 2
General Offices (Multi-Tenancy)
Medical Office Buildings
Mobile Home Parks
Hotels and Motels
Introduction to Construction Loans
Interim Loan Underwriting
Chapter 5 Review Questions – Section 3