September 17, 2014
Last week’s blog had Part 1 on How to Submit Your Loan Information for an Apartment Loan. It started out with explaining that the process involves more than just sending in some information as if you were completing a form. It actually involves sending in information for a presentation. The file you send in has a major purpose of selling a lender on why they should want to give you a loan on your property.
May 22, 2014
At Apartment Loan Store, we are often asked by our clients about apartment loan qualifications. Keep in mind that owning an apartment building is like owning a business. There are seven apartment loan qualifications that an investor seeking a loan needs to meet today.
Apartment Loan Qualifications:
April 8, 2014
In an article posted last week, "Due Diligence for Apartment Financing—A Lifeline for Success in Owning Your Apartment Complex," we covered how vitally important it is to do due diligence in acquiring a multifamily loan. We also mentioned how important due diligence is in all steps of acquiring and owning an apartment complex.
April 6, 2014
The Quality of the Cash Flow:
April 4, 2014
Due diligence is of essential importance, because if investors do not do their due diligence in regard to multifamily loans, they can lose valuable money and time – and may even lose their opportunity to purchase the great apartment building they've been dreaming about.
Due diligence is of utmost importance in every step of acquiring an apartment building: from being knowledgeable about multifamily properties, to choosing a viable multifamily complex, to the final steps of owning the property.
April 2, 2014
March 28, 2014
How do you choose the right apartment or commercial management company? Will your management company run lean and mean for you? Will one of its priorities be that your investment makes a good profit? Will it keep your tenants happy by handling requested repairs and maintenance items quickly and thoroughly? Will it keep the property in pristine condition so that future tenants want to live there and the current tenants are proud to live there?
March 26, 2014
Published March 16, 2014
Rehabbing multifamily apartment properties can be a pretty daunting—not to mention costly and risky—prospect to consider. Is this property rehab-worthy in the first place? If you are purchasing a run-down property, are you getting it for a low-enough price that, in the end, you will not come to the conclusion that you might have been better off demolishing the original structures and rebuilding from scratch? These are questions you may want to ask yourself before beginning any multifamily housing rehab project.