Timing the Market – 3 Step Process to Win the Refi Game

Fear and greed are the two main drivers that commonly derail day traders in the stock, futures, and Forex markets. Given the wild swings in the stock market due to COVID-19, it is hard not to be intrigued with the quick gains the stock market could provide if only you pick the right side of […]

What Toilet Paper Shortages Teach Us About Interest Rates

I hate jumping on the Coronavirus bandwagon of content, but like it or not, it is having a real effect on our global economy and is causing a lot of uncertainty in the financial markets. This uncertainty is impacting the interest rates available on commercial real estate debt. It’s really hard to say, nor is […]

HUD Eliminates Three-Year Rule on 223(f) Applications

Exciting news for value-add and new construction investors! On March 2, 2020, HUD announced the elimination of the three-year lock-out rule for applications to refinance or acquire existing properties under the Section 223(f) loan program. This exciting change will open up opportunities for borrowers to refinance stabilized multifamily properties much sooner after construction completion and […]

Want a Good Personal Financial Statement?

We all know the saying – “You never get a second chance to make a great first impression.” The purpose of this article is to help you make your first impression with your mortgage broker or loan officer a great one. And how do you do that?? You have a current and complete Personal Financial […]

Commercial Loan Prepayment Penalties Unwrapped

Nothing says romance quite like a prenuptial agreement does it? That comment is certainly facetious, but sets the stage for an analogy regarding the prepayment penalty aspect of commercial loans. It is important to understand what you’re getting into with your loan. The loan documents explain all the terms of the loan, and the prepay […]

10 Biggest Mistakes Made When Seeking Multifamily Agency Financing

There’s lot of interest in Agency (Fannie Mae and Freddie Mac) debt in the multifamily universe these days. Because these loans limit your personal liability, net you higher cash flow, allow higher leverage (larger loan amounts) that increase your returns, provide you more surety of future results, and allow for virtually unlimited growth – there’s […]

More Than Double Your Returns with This Strategy – Bridge Loan vs. Perm Loan Case Study

Everyone wants the best rate and terms when financing a multifamily deal. It goes without saying. We naturally seek quotes and rate sheets with the lowest possible published rates. Rate is the simplest “common” denominator used to compare different loan options. It is easy to understand, but not always the best gauge of overall returns. […]

Will This Blow Your Mind Too? Investing in Low Cap Markets May Be An Overlooked Opportunity

There was a pause on the other end of the line, and then he said… “You literally just blew my mind.” This was the response I received after sharing with a new friend a powerful example of how using cap rates – when properly understood – to your advantage, can dramatically increase the bottom line […]

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, […]

Weighing Your Loan Options for New Construction Financing

Building the Right Financing Package for New Construction Loans New construction spending is reaching all-time highs—what an exciting time to be a part of the ever-evolving real estate market. Forging ahead in both the established and emerging development markets are new mixed-use properties and multifamily builds. As lending specialists, we’ve seen developers and investors use […]