Seven Critical Mistakes to Avoid

A helpful and timeless guide written by President Terry Painter:

Seven Critical Mistakes to Avoid When Investing in Apartment Buildings (PDF)

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How to Value an Apartment Building

Try one or all 4 of these ways to value an apartment building in 15 minutes:

Average Price per Door
Use a Gross Rent Multiplier
Cap Rate Quick Valuation Method
Average the Value of all 3 above

Written by the founder of Apartment Loan Store

Apartment Loan Rates

Rates as of: 08/10/2022 For loans $1,000,000 and above

Fixed/Amortization	Rate*
7/30 Yrs	4.45 – 4.75%
5/30 Yrs	4.45 – 5.00%
10/30 Yrs	4.50 – 4.80%
35/35 Yrs	4.54 – 4.90%
10/30 Int. Only	4.60 – 4.95%
15/30 Yrs	4.75 – 5.17%
30/30 Yrs	5.17 – 5.74%
Brdge/Rhab	8.50 - 9.00%

Terry Painter, Founder and President

Apartment loan expert - Terry Painter

503-376-7303

How to Finance an Apartment Building

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.

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Seven Critical Mistakes to Avoid

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Multifamily Mortgage Bankers and Brokers since 1997

Seven Critical Mistakes to Avoid