Runway

Runway is Clear for Agency Financing in 2020

We are now a month into 2020 and wanted to share a few exciting updates about Agency (Fannie Mae and Freddie Mac) loans for this year. In a nutshell, Agency loans provide a great non-recourse alternative to recourse bank loans with additional bells and whistles like 30-year amortizations, interest only periods and low interest rates, all of which combine to increase your net cash flow.

Both Fannie Mae and Freddie Mac announced their year-end 2019 production volumes last week. As […]

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Multifamily Syndication
Multifamily Syndication Team

Better Together: Using Syndication to Grow Your Multifamily Portfolio

Syndicating Deals Is the Next Step to Achieving Your Investment Goals

As the multifamily market continues to grow, you may be wondering how newer multifamily investors are able to complete large transactions or add big commercial properties to their portfolios. If your investment goals are at Point A and you want to get to Point B quickly, the answer is right in front of you.

Multifamily syndicated deals are the oil in the multifamily gears allowing deals to move forward and […]

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Navigating the Underwriting Process between Quote and Closing

Preparing for Underwriting So Your Deal Gets Done

Securing a multifamily loan is like training for a marathon. By the time an investor decides on a loan, they may feel like they’ve reached the finish line, but really it’s just the halfway point.

Like training for a marathon, proper preparation leads to an accomplished goal. Investors who better understand the underwriting process will be more equipped to successfully secure funding for their next multifamily investment property.

Although it is easy to lump […]

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The Beauty of Leverage in Multifamily Investing

Using Leverage to Increase Your ROI

When deciding how to invest your hard-earned money, multifamily investments continue to be a source of above-average returns. Data from a recent study forecasts a healthy economy and even more lifetime renters as interest rates rise and the housing market shifts.

Some refer to profits from real estate investments as “mailbox money”—checks that show up in your mailbox from your savvy real estate investments. But how can you increase these returns? The answer is simple—so […]

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Let Your Personal Financial Statement (PFS) Do the Talking

Why Your Personal Financial Statement (PFS) Will Get You in the Door

The financial world has acronyms galore, but one essential term is PFS: personal financial statement.

A PFS summarizes your assets and liabilities and provides a snap shot of your total net worth. You’ll need to generate a PFS when you apply for a multifamily loan program. But as a savvy investor, you should be doing more than simply filling in the blanks on a financial worksheet. You should understand […]

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Location and Loan Rates: A Critical Intersection in Multifamily Investing

Why Location, Location, Location Begs Repeating in Multifamily Investing

Location: a word so nice we say it thrice. The saying Location, location, location is oft repeated in real estate—for good reason. As the money managing site The Balance puts it, “You can buy the right home in the wrong location. You can change the structure, remodel it or alter the home’s layout but, ordinarily, you cannot move it. It’s attached to the land.”

When buying a single-family home, you may think […]

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11 Players You Need on Your Multifamily Team

As any owner of a professional sports franchise could tell you: there’s value in a team. Beyond the support and camaraderie that exists within a team, there is also inherent value in a system that uses players with different strengths to achieve one common goal.

A skilled team with an effective coach can create winning opportunities through synergy. Synergy and success go hand-in-hand when everyone’s a team player. The lone wolf—the person who only wants to play “hero ball”—creates an achievement […]

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3 Ways to Think Like a Lender When Underwriting a Multifamily Property

Investing in multifamily properties has the potential for great rewards. A critical component of your success will be your ability to secure the optimal financing for your investment. Debt plays a critical role in real estate, and a lot of investors fail to think through the lens of capital providers.

We suggest you take an empathetic approach to how lenders see the world only because it will help you better understand the lending process. If you know how lenders operate, […]

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How Does The MIP Work For HUD Multifamily FHA Loans?

MIP (Mortgage Insurance Premium) is a unique aspect of HUD/FHA insured multifamily loans. The reason it exists is to support the federal program that underwrites and ultimately guarantees FHA multifamily loans that offer the richest terms in the industry.

MIP is a monthly payment based on the outstanding balance of the loan at the beginning of each year. The year isn’t based on the calendar, rather every 12 months during the life of the loan. The MIP on the 223(f) […]

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Bridge

Learning the Basics of Multifamily Bridge Loans

In many cases, the amounts of money involved in many areas of commercial real estate are large enough to necessitate additional financing not commonly found in other areas of the industry. A good example is the multifamily bridge loan. This is a loan that brings immediate financing and offers the chance for a quick closing while the borrower waits for a longer-term solution to become available.

At Bonneville Multifamily Capital, we offer multifamily bridge loans ranging up to […]

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