Buying Apartment Properties

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.

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.

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.

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.

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.

Published March 23, 2012

Last week’s “How a Great Loan Provider Looks After You” covered what an apartment loan provider does to make sure they have quality loans to offer you. Most importantly, these providers do careful due diligence to see that the loan providers they pick are reputable companies that operate with honesty and integrity.

In this post, we look at another important factor important in knowing that your loan provider looks after you: They keep up with the changes going on in the field, especially changes in the economic loan climate.

Published March 29, 2012 

Apartment Loan Store and Business Loan Store are proud to announce that we are launching an upcoming Web TV program to help educate you in becoming increasingly successful in your acquisition of apartment loans. Terry Painter (President) and Bruce Painter (Director of Marketing) will be co-running the Web TV program. As a company we put a strong emphasis on education and keeping you informed. Knowledge is pivotal to success and power.

Published April 5, 2012 

Why is it important to form a recession-proof strategy for acquiring your apartment loans? Because since the recession hit, many more loans are turned down. It’s tougher for a borrower to qualify in this economy. At Apartment Loan Store and Business Loan Store, we’ve seen quite a few people who once would have qualified for an apartment loan but do not qualify today.

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.

Published April 20, 2012