2nd Generation MB

[2nd Generation MB @EBanking]

@chernobelskiy I’m still actively quoting deals at SOFR + 250-300 at 70-75% leverage (everything is DSC constrained these days or lenders would go higher) Send these people my way lol.

[2nd Generation MB @EBanking]

@nw3 @shawngorham Yeah banks are 6-8% right now. Better than I would’ve guessed.

[2nd Generation MB @EBanking]

@jefffeldman Hearing the same from my Lenders. Haven’t heard of anyone pulling back yet. Fielded several calls last week from Lenders looking for deals in fact. Hopefully it stays like this 🤞🏻

[2nd Generation MB @EBanking]

@RealLifeRentals DM me on this Kyle. Have some Lenders for you so you don’t run into this again.

[2nd Generation MB @EBanking]

@ChrisRamsey60 This is exactly what Lenders want to see when reviewing a Principals financial position. Excellent template to use.

[2nd Generation MB @EBanking]

@YonahWeiss Mortgage Banker for the #1 GSE Lender in the country. Finance Multifamily, Industrial, Retail, and Hotels nationwide. Love to chat about all things real estate finance and investing. DM anytime!

[2nd Generation MB @EBanking]

@RealLifeRentals Smart move on your part…..if they find someone to buy at that NOI, no way a Lender underwrites anywhere close to it. Left with a 50% loan at best……that likely won’t appraise.

[2nd Generation MB @EBanking]

@JWurzak Great play! Usually have to get approval from your lender to put a cell tower on your property and certainly to lease it, but great piece of additional income if a landlord can make it work.

[2nd Generation MB @EBanking]

@ChrisRamsey60 Moot if you have any secured debt in place. SPE provisions won’t allow it. Legally speaking smart though.

[2nd Generation MB @EBanking]

@KenefskyCole This can be closer to $1 Million if you go Agency. Nice way to increase returns and lower equity, but obviously need to know how to fit their “box”.

[2nd Generation MB @EBanking]

@scovingtoniii The big deals can be some of the easiest. Some of the smallest require the most grit and ingenuity.

[2nd Generation MB @EBanking]

@KenefskyCole Some Debt Funds are offering fixed rate options now as another product offering to combat rising rates.