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Apartment Loans

Choosing the Right Lender for an Apartment Loan

June 10, 2014

Over the past weeks, we have shared with you a series of blogs for making sure you do your due diligence when you are choosing a lender for your apartment loans. This holds true for choosing a lender for any type of loan – commercial loans, residential loans, business loans, etc.

In a nut shell, there is a wide variance in quality of apartment lenders and it is essential that you check them out, especially through talking with references.

Getting an Apartment Loan – How Much to Invest?

June 4, 2014

Many apartment property investors in their acquisition of apartment loans, end up spreading themselves too thin financially. They put too high a proportion of their finances into one or more apartment buildings. This is especially true of those new to getting commercial loans.

Their mindset is to purchase as big of an apartment complex as possible in order to make as much money as possible. They see that apartment complex investing is a highly leveraged investment strategy and they want to throw as much money as possible into the biggest loan possible.

The Importance of References in Getting a Multi-Family Housing Loan

May 21, 2014

Doing due diligence on multifamily lenders for multifamily loans has been a topic of this blog a number of times. Today, we are going to look at a very good way to help you do due diligence in your quest for apartment lenders.

Why? Like anything else in business, you want a company you can trust to do the job you are paying for. And as in anything else, service runs the gamut between superior multifamily lenders and bad multifamily lenders.

Commercial Lender

May 12, 2014

A commercial lender makes loans to commercial real estate investors or to a business, but not to an individual. Loans made to individuals are called consumer loans. Real estate loans made to individuals for one to four residential units are consumer loans called residential loans. Commercial lenders usually make loans on properties with five units or more. In most cases, commercial lenders make loans to properties that are zoned commercial.

Hard Money Definition

May 6, 2014

Quite a few commercial loan investors will, in time, come across the idea of getting a bridge loan or hard money loan. In this article we will focus on bridge and hard money apartment loans.

An important question to ask yourself is, “Should I get into bridge and hard money apartment financing?”

First, you need to be sure you know what bridge and hard money apartment financing is used for. Here are some reasons people get bridge and hard money apartment financing:

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