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Ep. 14 (Action Items): David Frasz - First-Class Financing - Part 2
With any business, there is one challenge that always stands out: FINANCING. In this episode, we continue our discussion with David Frasz on how they give the best experiences for their clients in terms of providing the necessary financing for their multifamily investments.
David Frasz is a direct multifamily loan originator for Lument Capital, responsible for originating multifamily loans across the US, primarily Fannie Mae, Freddie Mac, and FHA/HUD. As one of the select groups of lenders licensed to offer non-recourse Agency Financing. Lument is also one of the largest and has built its reputation of excellence on integrity, speed, and certainty of execution. With Lument resources behind him, David is acutely focused on building strong relationships with clients to help them achieve their investment goals with a first-class financing experience.
[00:01 – 12:28] Part 2: Working with David
- A brief intro for the episode
- Going into a deal with David
- His vetting process based on their guide requirements
- David’s advice to borrowers
- Building relationships with lenders
- How soon should you talk to your loan officer
[12:29 – 38:02] Action Items: Underwriting
- Making sure your underwriting is right, efficient, and lean
- T12 and Rent roll
- Evaluating different underwriting deals on various markets
- Investing in underwriting model to improve their system
- The value of due diligence to assure your underwriting is correct, efficient, and lean
- Conservative underwriting
[38:03 – 45:04] Closing Segment
- Opportunities at this point in the market cycle
- Taking things slow and avoiding any aggressive underwriting
- Connect with David
- See Links Below
- Final Thoughts
Tweetable Quotes:
“You need to do your due diligence to make sure that your underwriting is correct.” - David Frasz
Resources Mentioned:
- Lument Capital
Connect with David on Linkedin, send him an email at [email protected], call/text his office line 703-663-5886
LEAVE A RATING AND REVIEW + help someone learn how to start their investing career by sharing this episode or click here to listen to our previous episodes.
Get IN RHYTHM and follow The Multifamily Artists Podcast on Apple Podcasts, Audible, and Captivate
Visit our website to learn more about me and IN RHYTHM
Follow me on Instagram, Facebook, and Linkedin.
View all episodes
By Taylor CuWith any business, there is one challenge that always stands out: FINANCING. In this episode, we continue our discussion with David Frasz on how they give the best experiences for their clients in terms of providing the necessary financing for their multifamily investments.
David Frasz is a direct multifamily loan originator for Lument Capital, responsible for originating multifamily loans across the US, primarily Fannie Mae, Freddie Mac, and FHA/HUD. As one of the select groups of lenders licensed to offer non-recourse Agency Financing. Lument is also one of the largest and has built its reputation of excellence on integrity, speed, and certainty of execution. With Lument resources behind him, David is acutely focused on building strong relationships with clients to help them achieve their investment goals with a first-class financing experience.
[00:01 – 12:28] Part 2: Working with David
- A brief intro for the episode
- Going into a deal with David
- His vetting process based on their guide requirements
- David’s advice to borrowers
- Building relationships with lenders
- How soon should you talk to your loan officer
[12:29 – 38:02] Action Items: Underwriting
- Making sure your underwriting is right, efficient, and lean
- T12 and Rent roll
- Evaluating different underwriting deals on various markets
- Investing in underwriting model to improve their system
- The value of due diligence to assure your underwriting is correct, efficient, and lean
- Conservative underwriting
[38:03 – 45:04] Closing Segment
- Opportunities at this point in the market cycle
- Taking things slow and avoiding any aggressive underwriting
- Connect with David
- See Links Below
- Final Thoughts
Tweetable Quotes:
“You need to do your due diligence to make sure that your underwriting is correct.” - David Frasz
Resources Mentioned:
- Lument Capital
Connect with David on Linkedin, send him an email at [email protected], call/text his office line 703-663-5886
LEAVE A RATING AND REVIEW + help someone learn how to start their investing career by sharing this episode or click here to listen to our previous episodes.
Get IN RHYTHM and follow The Multifamily Artists Podcast on Apple Podcasts, Audible, and Captivate
Visit our website to learn more about me and IN RHYTHM
Follow me on Instagram, Facebook, and Linkedin.