Multifamily Mortgage Bankers and Brokers since 1997

Get Your Free Multifamily Loan Quote

 

Featured in:
Business Insider
Forbes 
The Real Estate Network

Commercial Loan Blog

February 15, 2018

By Terry Painter, Mortgage Banker

Member of the Forbes Real Estate Council

Commercial real estate loans differ in so many ways from residential loans. It is a different world, or you could say "a different planet.” Here are some differences:

1. On a... Read More

In Short, it takes these 5 components to finance an Apartment Building: 

1. A Great Property – that has 2 or more of these upsides: a good location, under market rents, already cash flows the loan, or rents can be increased with inexpensive value adds.
2. The Property Value and Income Supports the Loan
3. The Property is in Good Condition
4. The Borrower is Qualified – has good credit, enough cash, and enough net-worth
5. The Borrower has the Best Professionals

 

See our video on how to finance an Apartment... Read More

December 29, 2017

So you're applying for a commercial real estate loan and you are told "this is a Recourse Loan." What is recourse?  Is this good or bad?  Does this matter?  Do you have a choice? Yes, it does matter. Often borrowers do not realize when they apply for an investment property or business loan, that if they default on the loan they can lose more than the real estate or equipment that is collateralizing the financing.... Read More

December 15, 2017

By Terry Painter, Mortgage Banker

Member of the Forbes Real Estate Council

At Apartment Loan Store, some of our funds for permanent and bridge loans for financing apartment buildings come from REITS. These loans have great rates and reasonable terms with one to 10 year fixed rates... Read More

December 12, 2017

By Terry Painter, Mortgage Banker

Member of the Forbes Real Estate Council

What is debt service ratio (DSR)? Well, let us start out by saying that although Debt Service Ratio is used more than half of the time by bankers, mortgage brokers and realtors, the correct term is Debt Service... Read More

December 6, 2017

 

By Terry Painter, Mortgage Banker

Member of the Forbes Real Estate Council

Author: The Encyclopedia of Commercial Real Estate Advice – a WILEY book – OUT NOW!

 

 

What is Yield Maintenance? Why is it so difficult to get a straight answer on this?

... Read More

October 18, 2017

Commercial Real Estate – The Hidden Trap That Turns Your Investment Into a Las Vegas Crapshoot

There is a hidden trap that many commercial real estate investors are not aware of. Not being aware of it will quite possibly cause them to experience big monetary loss.

A... Read More

September 19, 2017

 

What originally prompted me to write on this subject? In one year, we had two of our investors report to us that their property managers stole money from them. I was shocked, and wanted to warn investors to be sure to manage their property managers.

Nearly always, your... Read More

September 6, 2017

Many inexperienced people think that commercial real-estate investment is just a passive investment – you just sit back and collect lots of money.

Nothing could be further from the truth. Do you just sit back and collect money passively if you run a restaurant? No! There is a lot of work... Read More

August 30, 2017

If you have money to invest, read this article. Why? It tells you a number of reasons for commercial Real-Estate being a great investment. Some think it’s the number one investment of all investments.

Let’s get right to it:

1. The Power of Leverage –

*So many commercial Real-... Read More

DO YOU and YOUR PROJECT QUALIFY FOR A COMMERCIAL CONSTRUCTION LOAN?

TAKE THIS QUICK 3 MINUTE QUIZ AND FIND OUT

 

  • Have you developed a similar size project in the past 10 years, or several projects combined that equal the size of the project to be developed or... Read More

  • Pages

    Subscribe to Commercial Loan Blog