36 min listen
Episode 195 - What happens if $$$ from Fannie Mae or Freddie Mac dries up? You need options, right?
FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
Episode 195 - What happens if $$$ from Fannie Mae or Freddie Mac dries up? You need options, right?
FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
ratings:
Length:
46 minutes
Released:
Sep 13, 2019
Format:
Podcast episode
Description
Your lender is usually your largest partner. They can bring in almost 80% of the funds needed to close your apartment transaction. In the last, few years Fannie Mae and Freddie Mac have been the primary lender for apartment syndications. Sponsors have loved Fannie Mae and Freddie Mac because of their execution and flexibility to provide NON RECOURSE, LONG FIXED TERMS, LONGER AMORTIZATION, INTEREST ONLY & SUPPLEMENTAL LOANS. But, what happens IF these Government Supported Entities start to restrict lending. What happens when your lender changes course? We discuss what is happening in the apartment lending market today and what additional loan options you can explore. US Treasury Update on Future Proposals for Fannie & Freddie: https://home.treasury.gov/system/files/136/Treasury-Housing-Finance-Reform-Plan.pdf https://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx?PageName=FHFA-Revises-Multifamily-Loan-Purchase-Caps-for-Fannie-Mae-and-Freddie-Mac.aspx Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.
Released:
Sep 13, 2019
Format:
Podcast episode
Titles in the series (100)
Episode 2 - Nick Fluellen: Nick shares his experiences as both a highly successful broker and owner of Multifamily properties. by Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles