
13 February 2017 | 6 replies
(& gently helping them find).

28 June 2024 | 100 replies
>>>>>>>>>>>>>>>>>>>>>Multifamily bridge loans:Loan Size:$1 million and upLoan Term:Short-term, typically ranging from 6 months to 3 yearsMost common range is 12-24 monthsExtension options may be availableInterest Rates:Higher than permanent financing, often in the teensRates vary based on creditworthiness and collateralGenerally 7-10.5% for multifamily, 15-24% for other commercial propertiesAmortization:Typically interest-only paymentsMaximum Loan-to-Value (LTV):Up to 75% of total project costCapped at 70% of the completed or stabilized property valueFees:Origination fees, legal fees, closing costs typically 1.5-3% of loan amountFees can include appraisal, administration, escrow, title policy, and notary chargesOther key characteristics of multifamily bridge loans:Fast closing process, with funds available quicklyEligibility based more on property value than borrower creditOften used for acquisitions, renovations, lease-up, or repositioningProvided by private lenders, venture capital firms, and commercial real estate lendersNeed to be refinanced or paid off quickly via sale or permanent financing>>>here is how extension options can impact the overall cost of a multifamily bridge loan:Extension fees: Exercising an extension option on a multifamily bridge loan typically requires paying an extension fee to the lender.

22 May 2023 | 55 replies
It was an interesting exercise seriously considering it.

16 July 2022 | 18 replies
Inform her that if her ESA is disruptive or causes undue financial or administrative burden on you as the landlord, or disrupts the right to quiet enjoyment of others in the building, you have the right to deny her and/or evict her and you will exercise that right.

12 June 2020 | 19 replies
What you will see with any of these exercises is negative initial cash flow for retail residential downtown SFR to quad for higher LTV loans.

7 September 2012 | 16 replies
I think looking at tons of properties (especially those with pending offers) should be a mandatory exercise for a new investor.

12 November 2023 | 9 replies
Full disclosure, I'm not a flipper.My initial advice would be to try and and exercise more patience.

23 June 2013 | 8 replies
We have never exercised this option as, to date, our preference has been to acquire a building with a revenue stream in-place.

26 January 2020 | 8 replies
You can take a screw driver and gently poke the drywall.

14 January 2021 | 118 replies
They get suckered into some seminar that they think will give them "secrets" and emerge frustrated that it's all a sales exercise to get you into a platinum/gold/mentorship/coaching/access to ____/etc. program.