In this episode we cover the basics on getting small multifamily loans under 1 million loan amounts funded. Trying to find funding for smaller apartment loan purchases can be extremely difficult because many banks don't like to make loans under a million. We have seen an influx of requests so we decided to address the basics in this video. We talk about bridge to bank financing and some tips to getting your loan request approved.

In this episode we talk about financing ADU (accessory dwelling units) in California. This is a hot emerging trend happening throughout California.

While California already made huge strides in 2017 with favorable Accessory Dwelling Unit (ADU) legislation, a new series of state bills, further lower barriers to creating ADUs, aka Granny Flats.

To learn about financing options please schedule a call https://calendly.com/beaueckstein/15-minute-meeting-beau

How the SBA 504 Loan Program Works

SBAEXCHANGE.COM will coordinate and structure the financing package between the parties.

Expand Your Possibilities The U.S. Small Business Administration 504 Certified Development Company Loan program conserves your working capital by requiring only a 10 percent borrower contribution.

*Startup and special-purpose properties may require an additional contribution from the borrowers

Freddie Mac offers Small Balance Loans that are designed specifically for smaller multifamily properties. They set the interest rates, which are highly competitive. Therefore, no personal guarantees are required. You can typically borrow up to 80 percent of the property’s value.

Advantages:

· Highly competitive pricing.

· Early rate lock.

· Up to 80% LTV.

· Partial-term and full-term interest-only available.

· Supplemental loans are available.

· Non-recourse.

In this episode join Vinney and Beau as they speak with Badri Malynur the Cofounder and VP at Avestor Inc.

Avestor's mission is to help investors diversify beyond the equities market into real estate. This is the only platform in the industry that allows you build a portfolio of investments that include residential debt, commercial debt and commercial equity deals.

In this episode Beau reflects on helping newbie investors along with experienced developers.

He also talks about upcoming episodes and would like to interview some up and coming investors and investor friendly real estate agents.

In this episode, Vinney and Beau interview Mario on ways to convert/add additional units to your properties for great cash flow. We also cover using FHA to get started with your first owner-occupied investment.

The Most Complete Property & Owner Database

In this episode, I talk about the different options for data providers that provide searches and contact information for owners. I use this for my lending business and I believe this would be great for hungry investors and wholesalers. I am using Reonomy but will give ProspectNow a trial to see if I prefer their data. They have a few more features that Reonomy does not.

If you want a free trial, feel free to message me and I will put you in touch.

In this episode, we talk about 10xing your business with discipline and accountability.

Topics covered:

• The Miracle Morning

• 75 Hard Challenge

• Keto Diet

• Intermittent Fasting

By committing to routines this will greatly increase your health, business, and personal development.

In this episode we talk about the 3 critical reasons why you should hire a virtual assistant.

• Getting More Family TIme

• Putting a End To All the Small Mundane Time Consuming Tasks

• More TIme to Focus on Health

Virtual Assistant or not...that is the question. But it really isn't. The real question is this: Do you want to stay in the 80-hour work week paperwork-filled rat race? :)