In part 1 of this episode, you’ve learned how Old Capital Lending helps investors in financing their real estate business. To reach your goals, you must understand the financing that works best for your business strategies. In this part 2 episode, Julie Anne Peterson talk about different types of financing for multifamily deals. Julie will also discuss how this financing or lending works, and some of the things that you must consider to qualify.

What You’ll Learn From This Episode:

• Three Different Types of Lending Vehicles for Larger Assets like Multifamily
• How Bank Financing or Recourse Lending Works and its Qualifications
• Understanding the Difference Between Recourse and Non-Recourse Loans
• Bank Financing vs Agency Financing
• What is Covid Requirement for Reserves
• Three Requirements to Qualify for an Agency Debt
• Why Experience is Highly Important Now and Became an Issue for Investors to Get into Agency Debt
• Importance of Building a Strong Team to Establish a Connection with the Property Seller 
• Benefits of Agency Financing vs Bank Financing
• What is Bridge Financing or Lending, its Qualifications, and its Pros and Cons
• What is Debt-Service Coverage Ratio (DSCR)
• Converting Bridge Financing to Agency Financing
• Advantages and Disadvantages of Yield Maintenance 
• Importance of Choosing the Right Financing that Works for Your Strategy or Business Plans
  
  

Guest Bio:
Julie Anne Peterson is a Commercial Loan Office from Old Capital Lending Company, a premier provider of commercial Capital solutions and advisory services for commercial real estate investors.   

With 30 years of real estate transaction experience, Julie Peterson does not just source funds; she consults with her clients to help solve their immediate needs. She works with all types of income producing real estate and at all levels of the “capital stack”. Julie’s clients are real estate entrepreneurs who are dependent upon the many relationships they establish, and the relationship with their capital provider is no different.

To Connect With Us:

Please visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!

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