Buying Apartment Properties
Get Striking Rates on Apartment Loans
Published September 8, 2010
If you are interested in building apartments to invest your money in commercial properties, you may be looking for apartment building loans at a cheap rate. You need to select a reliable and praiseworthy mortgage banking company that will provide your desired loan amount at a reasonable rate. But this job is not as easy as you think. Choosing the perfect commercial loan financing company is a more tedious job than finding the best rate.
Why Apartments are a Profitable Investment
Published September 15, 2010
In the next 10 to 15 years, investors will succeed in the real estate business. To succeed in this type of business, investors have to do two things: (a) know which asset classes will have the most profitable rewards and (b) spend money on the best locations.
Among the above-mentioned things, the second one is easier to understand. On the other hand, the first one is what you should try to comprehend. Thus, you better read further…
A Simple Explanation of Apartment Financing
Published September 17, 2010
If you’re interested in property management, you better think of a good way to get started in this type of business.
If you don’t have a large sum of money, or you are not wealthy enough, you might as well go into apartment financing and search for the right commercial loan lender.
Buying Property with a Multifamily Loan
Published September 22, 2010
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.
Pre-Qualify for an Apartment Loan
Published December 19, 2011
An apartment building loan, also called a multifamily loan, is a commercial loan. Where a residential loan is made primarily to the quality of the borrower, a commercial loan is made to the quality of the income of the property, the quality of the property itself, and the quality of the borrower. So there are really three pre-qualifications for a loan on an apartment building.
THE THREE PRE-QUALIFICATIONS FOR AN APARTMENT BUILDING LOAN
When Are Apartment Bridge Loans Necessary?
Published January 6, 2012
A number of our clients have wondered when an apartment bridge loan is necessary.
First, it’s important to define what a bridge loan is, for those of you not familiar with bridge loan financing. A bridge loan is a short-term loan that helps you secure financing for a property when the property doesn’t qualify for permanent multifamily financing. The purpose of getting the bridge loan is to have time to improve the property in order that you qualify for permanent apartment financing.
Apartment Financing on Rehab Deals
Published January 6, 2012
What criteria is needed to qualify for apartment financing on rehab deals?
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.