Apartment Property Financials and Calculators
Can I Qualify With Very Little to Put Down?
Published January 14, 2012
Important Borrower Strengths, Part 1
Published January 14, 2012
Prior to 2008, which we could refer to as the “good old days,” it was so much easier to qualify for a multifamily loan. Now don’t get discouraged, apartment loans are being done every day. It’s just that the loan standards for multifamily financing have become more demanding. And the key is that the borrower’s strengths are now as important, if not more important, than the required strengths for the property.
Calculate Net Operating Income Like an Expert
Published January 17, 2013
In commercial finance, they say cash flow is king. But what exactly is cash flow in the eyes of a financier?
The net operating income is the dollar amount used to calculate repayment ability. This is the gross income less the normal operating expenses. What are normal operating expenses? Well, many times it is in a property owner’s best interest to report as much expense as possible in order to avoid tax liability. It is a good thing to pay the least amount of taxes possible—until it comes time for financing.