When a property fails, and the borrower stops making payments…that's a problem for the lender and the borrower. What you may not know- is that when you stop making mortgage payments- this will cause the lender to accelerate your interest cost. Yikes!! In your loan documents there is specific language that aids the lender by increasing your current interest rate to over 20%.... Yes…it's a huge jump that goes from BAD to WORST immediately. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion; Please leave us a 5-STAR RATING on iTunes.

It seems like every other investment sales flyer we see today…offers the opportunity to buy land. Land to BUILD an apartment building. Many investors are now focused on construction. How do you finance? Should you consider a 35-40% down conventional Bank loan that is full recourse? Or should you consider a 15% down…government backed, non-recourse FHA loan with a 40-year fixed rate? Yikes! Both can come with challenges. Today, we chat with two experts in underwriting large apartment construction loans. Are you interested in learning more about how Multifamily Syndications work? Please visit spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

So…You want to buy an apartment building? Who is your biggest financial partner in the transaction: it is your lender! Get to know your lender and what they can offer you. Know what the lender expects today and their "hot" buttons for approval. It's completely different than 24 months ago. We will speak with the top producing loan officers at Old Capital that will explain: Who is lending today- Fannie/ Freddie/ Bridge? Are banks still lending? Should you take a Fixed or Variable rate? You need to be aware of the new underwriting rules from Fannie and Freddie. Great conversation for beginners. Are you interested in learning more about how Multifamily Syndications work? Please visit spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

Imagine this. You are in BEST and FINAL and about to be awarded a huge apartment building. It's you and two other buying groups. You made the cut and now the seller must make the right decision. Who to choose? Are you the right buyer? Can you close? The seller has too much on the line to make the wrong pick. They want to talk to YOU! It's the BUYER/SELLER call. Jakob Andersen with Newmark in Dallas goes through a CASE STUDY on what you should say and NOT say…when you are on that important CALL. To contact Jakob Andersen: [email protected] Are you interested in learning more about how Multifamily Syndications work? Please visit spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

Brian Truman with SVN- Accel Commercial Real Estate sells lots of apartments in Tennessee. Did you know that Health Care Management is the top industry in the Music City Capital and not tourism. Brian discusses why 75% of his investment sales business comes from out-of-state investors buying apartments around Nashville and where the best places you should be looking to buy. Who is moving to Tennessee and why? Can you earn "generational wealth" in smaller towns in the central part of the nation? Possibly.

To contact Brian Truman: [email protected]

Are you interested in learning more about how Multifamily Syndications work? Please visit spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

These bridge loans are quirky…because all loan documents initially agreed upon (between lender attorney and borrower attorney) are like snowflakes. Every set of loan documents are different…they are not promulgated forms like Fannie loan documents. Some language added…some language subtracted. What does that mean when you are negotiating an extension? Listen to attorney Shameer Soni on what he suggests when speaking with your Bridge lender. Shameer Soni & Chris Barsness: The Patel Law Group http://www.patellegal.com Are you interested in learning more about how Multifamily Syndications work? Please visit http://www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

With over 10,000 apartment investors, lenders, general partners, property management companies, and apartment builders… this is the biggest annual event for the apartment industry called NMHC. What was discussed? Well…the biggest take aways are: from the lenders…"we are not at the bottom of the cycle: more distress is coming!" The sales brokers said…"now, is a great time to buy." The buyers said…"I will only buy with positive leverage on stabilized NOI and I want at least a 6 cap +". The sellers said…"I won't look at an offer higher than at a 5.25% cap…find another buyer, please." The limited partners are saying…"how much more capital calls are coming?" Yes…lots of opinions at the conference. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

Here's a few phrases to remember from 2023… "Refinance in '24"- "Survive to 25" "Operate in 2026" "Sell everything in 2027" "Retire on the beach in 2028" - High level discussion on what the capital markets are witnessing today and next year. Get on the Old Capital distribution list to stay ahead of ALL the networking and lending activities that we do.

OldCapitalPodcast.com OldCapitalLending.com OldCapitalConference.com

Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

Apartment investing has been challenged in the last two years…with rising interest rates on both short term and long-term rates. The 10-year Treasury spiked up to 5% just 90 days ago…and is now down 110 basis points; that's a large move….SO what effect will that have on apartment investing? Michael chats about what challenges and opportunities he is observing today. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion; Please leave us a 5-STAR RATING on iTunes.

Jay Parsons serves as Senior Vice President, Chief Economist for RealPage. He provides deep insights on market trends and consumer behaviors. He is a frequent author and speaker on topics affecting multifamily apartments and single-family rentals, including rental housing investment and asset management strategy, rental housing policy issues, risk mitigation and property management. He's the guy you want to listen to…. Are you interested in learning more about how Multifamily Syndications work? Please visit spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.