Due Diligence
Things to Keep in Mind with Apartment Financing
Published September 22, 2010
Do you have plenty of cash? Do you have any ideas what to do with it?
If you do have much, and you don’t know what to do with it, why not invest in real estate? More importantly, investing in an apartment or multifamily apartment is a top choice.
Can I Qualify With Very Little to Put Down?
Published January 14, 2012
Choosing a Commercial Loan Provider
Published February 11, 2012
It is very important that you choose a good commercial loan broker to work with in acquiring an apartment loan.
Best Commercial Loan Providers, Part 2
Published February 18, 2012
Last week, in the first part of “Best Commercial Loan Providers,” we covered some reasons it is important to choose a good commercial loan provider to work with in acquiring apartment loans. We also gave an example of what can happen when you choose an incompetent loan provider. We gave an example of an investor losing the purchase contract on an apartment building due to the inexperience of the lender.
Best Commercial Loan Providers, Part 3
Published February 25, 2012
In the first part of “Best Commercial Loan Providers,” we covered that it is important to do well at choosing a good commercial loan provider to work with in acquiring apartment loans. We also gave an example of what can happen when you choose an incompetent loan provider. We gave an example of an investor losing the purchase contract on an apartment building because of the inexperience of the lender.
The Importance of Testimonials in Choosing a Lender, Part 1
Published March 3, 2012
Do you know why it is important to get testimonials from lenders of apartment loans?
The answer is that it comes down to trust. To take a little bit of time to discover if your apartment loan provider is worth your trust, is an investment that can save you time, finances, and freedom from aggravation.
The Importance of Testimonials in Choosing a Lender, Part 2
Published March 9, 2011
In part one, we shared that it’s important to get testimonials from lenders of apartment loans. Testimonials can be a useful tool to help you establish trust. It’s not the only tool – certainly you need to do your due diligence in other ways. These include seeing if they have a Better Business Bureau rating, and doing an online search of their reputation.
Best Apartment Loan Sources
Published March 12, 2012
If you are in need of a multifamily loan to refinance your apartment building or to purchase an apartment building of five units or more, what lending sources are available to you in America today? Which are the best? Some of the available loan sources are the corner commercial bank, credit unions, regional banks, national bank commercial divisions (such as Wells Fargo Commercial and Chase Commercial), Fannie Mae, Freddie Mac, FHA, real estate investment trusts, insurance companies, hedge funds and private funds.
How a Great Loan Provider Looks After You, Part 1
Published March 16, 2012
In a couple of recent posts, I’ve shared with you tips on how to do some due diligence on providers of apartment loans. Today, I’m going to share with you how a great apartment loan provider looks after you to make sure they have quality loans to offer you.
Recession-Proof Strategy for Apartment Loans, Part 2
Published April 12, 2012
Last week we covered why it is important to get a recession-proof strategy for acquiring apartment loans. In our challenging economic environment, quite a few loans are turned down because investors don’t qualify. But if you know what it takes to qualify, and have a good strategy that you follow to make sure you qualify, you can win at the game of getting an apartment loan.