Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

161: “We’re Going to See a LOT of Deals” in 2024, Says Top Multifamily Lender w/Alison Williams

161: “We’re Going to See a LOT of Deals” in 2024, Says Top Multifamily Lender w/Alison Williams

FromOn The Market


161: “We’re Going to See a LOT of Deals” in 2024, Says Top Multifamily Lender w/Alison Williams

FromOn The Market

ratings:
Length:
36 minutes
Released:
Nov 20, 2023
Format:
Podcast episode

Description

With interest rates at the highest point in decades, multifamily and commercial real estate purchases have dropped by more than 50%. Cash flow looks almost nonexistent, but good deals could be right around the corner as inexperienced operators are forced to give up their properties or pay MASSIVE amounts of money to the bank. What can you expect as the 2024 housing market rolls around? Stay tuned; we’ll give you all the info!
Alison Williams, SVP & Chief Production Officer at Walker & Dunlop, joins us to discuss “small balance lending” and where MANY multifamily investors get their money. Alison is able to tell you point-blank what a lender needs to see to lend on your deal, how much money you should be prepared to come to the table with, and what could happen as the bridge loan bomb begins to go off.
Alison also believes we’ll see “a LOT of deals” in the coming months/years as operators are forced to refinance, foreclose, or sell. This presents a massive opportunity for new investors who have been starved of deals and are looking to pick up another property without paying 2021 or 2022’s high prices! 
In This Episode We Cover
The bridge loan bomb that could blow up many investors’ deals 
Why multifamily and commercial real estate purchases have fallen off a cliff
Default rates, foreclosures, and whether Alison expects them to go up 
Deals coming down the road and why investors with cash on hand could be in for serious discounts 
What a “good” deal looks like in 2023/2024 and what you NEED to get funding 
Alison’s biggest pieces of advice for investors and why many could be in for a “shock”
And So Much More!

Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-161
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Nov 20, 2023
Format:
Podcast episode

Titles in the series (100)

The modern real estate investor doesn’t have time to research every headline and trend. That’s why BiggerPockets' Dave Meyer and his expert panel do it for you. Learn how to invest smarter in today’s economic environment.