In order to maintain a bulletproof track record with your multifamily lender, you’ve got to learn how to think like one.
Today we talk with Michael Becker of SPI Advisory on some costly mistakes to avoid when financing your property. Michael is an expert on multifamily lending, having originated and serviced billions in loans for a large national bank prior to starting his own syndication company.
Watch this episode to learn:
* Who are the key decision makers for loan approval
* Important items you must provide on a loan checklist
* Critical covenants and reporting requirements during the servicing period
* Bad boy triggers that can cause loan default or maturity acceleration
Get Smart and Invest Smarter with the Apartment Investor Show where JC Castillo and Paul Peebles interview top industry experts and discuss current market trends, investment strategies and fundamental concepts to help you make smart multifamily real estate investments.
JC Castillo has spent the last 13 years helping investors profitably navigate the ups & downs of a full market real estate cycle. In 2006 he founded Multifamily Property Group, a vertically integrated private equity firm focused on large scale value-add apartment properties in select US markets. Learn more about Multifamily Property Group at: https://www.multifamgroup.com/
Paul Peebles has been arranging real estate financing for borrowers and institutional clients since 1987. Mr. Peebles is the National Underwriter at Old Capital, underwriting and structuring all transactions handled by the company. Learn more about Old Capital at: http://www.oldcapitallending.com/