All Forum Posts by: Brian Robbins

You will get a fairly close estimate but have to be ready with some additional cash. It can be a bit maddening.

@Mary Jay it is common for Freddie and Fannie to work between 70-75% LTV on their debt but it is different for every deal. In fact they wont tell you the exact $$ amount of the loan proceeds until late in the process and will just give you an estimate until very close to closing.

@Mary Jay I recommend Cutt Ableson at Berkadia in Houston for anything over 50 doors. They are outstanding and handled our last Freddie Mac loan.

@JeffreyCharter I have an office in Danville and the town has continued to be economically depressed. Unfortunately the town fathers have not been able to transition the city from a blue collar economy to much tech at all.

@David Taylor I would talk to Anne Pritchett at Wilkins and Co. I have known her for 27 years and she will get you pointed in the right direction. Their office is directly across the street from mine. Great folks. By the way we are looking for off market MF deals of 100-200 doors in the Atlanta area. We bring deal finders into the GP and take care of them. Let me know if you come across any B Assets in good submarkets. We have pent up demand sitting on the sideline.

Brian

Hey Todd,

Would like to talk to you off line about your deals.  Could you contact me at [email protected].  

Looking forward to it,

Thanks,

Brian

@Michelle D. Thanks! The book is 252 pgs.  I will be glad to email you the pdf version whether you commit or not. Just send me your email address and I will forward a copy. Happy reading!

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@Alex R mention 1031 exchange to the current owner. Go with the financing option @Robert Herrera mentioned and have the owner find another property he can 1031 into. Depending on size of property the owner 1031's into, he may be able to avoid capital gains taxes completely and improve his cash flow as well. 

@Josh Oden there is a real estate department at Texas A&M that tracks real estate data that may be helpful to you.  Also the big commercial real estate firms like Colliers etc... have research arms that track data for individual markets such as occupancy, avg rent, avg concessions, rent per sq ft, building permits, absorption rates, etc...  May be willing to work with you since you are a University based project.