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Commercial Loan Blog

Published January 6, 2012 

What criteria is needed to qualify for apartment financing on rehab deals?

First of all, if you are looking for an apartment loan on a multifamily property that needs substantial rehab, you need to have experience with multifamily construction/rehab and experience with repositioning apartment buildings. Repositioning means getting the property in good condition and getting it leased up to where market occupancy is at so you will be able to qualify for permanent multifamily financing. In almost all cases, you will have to acquire the property with a... Read More

Published January 6, 2012 

A number of our clients have wondered when an apartment bridge loan is necessary.

First, it’s important to define what a bridge loan is, for those of you not familiar with bridge loan financing. A bridge loan is a short-term loan that helps you secure financing for a property when the property doesn’t qualify for permanent multifamily financing. The purpose of getting the bridge loan is to have time to improve the property in order that you qualify for permanent apartment financing.

A question may come up of why someone would want to get an... Read More

Published December 19, 2011 

An apartment building loan, also called a multifamily loan, is a commercial loan. Where a residential loan is made primarily to the quality of the borrower, a commercial loan is made to the quality of the income of the property, the quality of the property itself, and the quality of the borrower. So there are really three pre-qualifications for a loan on an apartment building.

THE THREE PRE-QUALIFICATIONS FOR AN APARTMENT BUILDING LOAN

1. The quality of the income of the property
If you take the gross rental income, including rents,... Read More

Published March 9, 2011

In part one, we shared that it’s important to get testimonials from lenders of apartment loans. Testimonials can be a useful tool to help you establish trust. It’s not the only tool – certainly you need to do your due diligence in other ways. These include seeing if they have a Better Business Bureau rating, and doing an online search of their reputation.

In this post, we will encourage you to take it a step further in asking for testimonials from the apartment loan provider you talk with. We encourage you to ask to speak with at least a few of the... Read More

Published September 22, 2010 

Do you have plenty of cash? Do you have any ideas what to do with it?

If you do have much, and you don’t know what to do with it, why not invest in real estate? More importantly, investing in an apartment or multifamily apartment is a top choice.

Some people think apartment financing is really difficult. But that is not always the case. All you need is a considerable amount of capital and a partner who’s good and experienced in property management. If you can lay these both on the table, apartment financing will not be difficult and... Read More

Published September 22, 2010 

Investing in a luxurious living from Apartment Loan Store may be a fruitful approach for the long run. On the other hand, investing in any sort of property requires a massive amount of money, particularly if you are thinking of purchasing multifamily apartments. If you do not have an adequate amount of money to buy these apartments, you can apply for multifamily loans right at Apartment Loan Store. Before the loan application, it is always best to put some thought into it. Usually these loans are classified into two groups, namely the commercial... Read More

Published September 20, 2010 

In the recent unstable financial markets, the confident depositor wishes to look past conventional financial means, such as stock and bond, to make sure they have an extended capital development and safety. Many beginner real estate business investors have refrained from apartment building financing. There are many startling truths regarding apartment building financing that will totally alter the manner in which you view this exceptional investment technique.

Hardly anyone knows if there is an end in view, or if additional families will be short... Read More

Published September 17, 2010 

If you’re interested in property management, you better think of a good way to get started in this type of business.

If you don’t have a large sum of money, or you are not wealthy enough, you might as well go into apartment financing and search for the right commercial loan lender.

But before you go searching for a bank or commercial loan lender, you need to determine how long you are expecting to own an apartment building – whether you’re planning to go with long- or short-term investments. Knowing your exact investment plans can really... Read More

Published September 15, 2010 

In the next 10 to 15 years, investors will succeed in the real estate business. To succeed in this type of business, investors have to do two things: (a) know which asset classes will have the most profitable rewards and (b) spend money on the best locations.

Among the above-mentioned things, the second one is easier to understand. On the other hand, the first one is what you should try to comprehend. Thus, you better read further…

Among all the asset classes, investors should spend their money on apartment investing. If you’re doubtful... Read More

Published September 8, 2010 

If you are interested in building apartments to invest your money in commercial properties, you may be looking for apartment building loans at a cheap rate. You need to select a reliable and praiseworthy mortgage banking company that will provide your desired loan amount at a reasonable rate. But this job is not as easy as you think. Choosing the perfect commercial loan financing company is a more tedious job than finding the best rate.

There is one such renowned and established private mortgage banking company, a division of the reputed Business... Read More

Published September 5, 2010 

Do you live in the U.S., and are you investing money in the apartment business? You may need to contact a trustworthy commercial loan financing authority for loans to buy apartments in bulk. But there are very limited numbers of commercial loan lenders who offer unique loan programs and cheap loan rates. If you’re in the U.S., then you need not worry any more, because Apartment Loan Store, an outstanding mortgage banking company, has come up with unique and innovative loan programs to help people make more money out of their apartment businesses.

... Read More

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