Apartment Lender Inspections: What Borrowers Need to Know

Apartment Lender Inspections: What Borrowers Need to Know

If you own a multifamily property that’s slated for an upcoming lender inspection, you might be wondering what to expect— and you may even be anxious that you might fail. Fortunately, lender inspections aren’t rocket science, and, if you’re reasonably prepared, they can often go off without a hitch. In this article, we’ll tell you exactly what to expect from a lender inspection and how to effectively prepare for one. 

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How to Find Apartment Complexes for Sale

How to Find Apartment Complexes for Sale

If you’re reading this article, you probably already know that multifamily investing is an incredible way to build long-term wealth. In fact, there’s a good chance you already own one or more multifamily properties of your own. However, you’re might be struggling when it comes to finding your next investment property. Fortunately, we’ve put together this quick (yet comprehensive) guide to help you find the best property for your individual needs. 

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Due Diligence for Apartment Investing

Due Diligence for Apartment Investing

Before you make the leap and purchase a multifamily property, you’ll need to do some homework first. In multifamily industry, this is referred to as “due diligence,” and often consists of hiring third-party service providers to inspect and/or provide reports on various parts of the property to analyze its suitability as an investment. 

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Do You Need a Business Plan for Apartment Investing?

Do You Need a Business Plan for Apartment Investing?

While to some, apartment investing may sound like a passive hobby, for most successful real estate investors, it’s a highly involved business endeavor. So, if you want to give yourself the greatest chance of succeeding in the multifamily investing game, writing an effective business plan is key. No matter the size of your potential investment, a business plan can help clarify your goals, as well as bringing potential obstacles to your attention. 

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Small Apartment Loans: The Best Options for Borrowers

Small Apartment Loans: The Best Options for Borrowers

While there’s nothing small about millions of dollars, in the multifamily finance industry, apartment loans ranging from $1 million to $7 million are generally considered to be ‘small’ loans. This isn’t to minimize the importance of these loans to the investment market-- simply to differentiate them from the $10, $20, and $30+ million loans that are often offered to larger institutional investors. In fact, in terms of loan origination, these ‘small loans’ are perhaps the fastest-growing segment of the multifamily financing market. 

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