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All Forum Posts by: Nate Higgins

Nate Higgins has started 4 posts and replied 6 times.

Post: Buildium vs AppFolio

Nate HigginsPosted
  • Real Estate Professional
  • Richland, WA
  • Posts 6
  • Votes 2

Property Managers,

Buildium vs Appfolio.  Which do you recommend and why?  

Post: Real Estate Development Resources

Nate HigginsPosted
  • Real Estate Professional
  • Richland, WA
  • Posts 6
  • Votes 2

Thank you all so much for the input.  Really means a lot.  As someone that uses a wheelchair, my goal is to develop affordable, accessible housing.  There is such a dearth of those type of rentals, and I believe it represents a compelling opportunity.  

Post: USDA Multi-Family Housing Loans

Nate HigginsPosted
  • Real Estate Professional
  • Richland, WA
  • Posts 6
  • Votes 2

Does anyone have experience with the USDA multi-family housing loan program?  (See link below) . If so, what was your experience?  How successful were you in getting the project off the ground?  Advice on finding lenders that work with the program?

USDA Multi-Family Housing Loan Guarantee

Post: Real Estate Development Resources

Nate HigginsPosted
  • Real Estate Professional
  • Richland, WA
  • Posts 6
  • Votes 2

My business partner and I are in the early stages of putting together a development.  We've found a builder who will build for us with no money down and will wait to get paid until we've sold off the asset.  However, we're struggling with finding land and financing for that land.  We've never developed before. I own a few multifamily units, and he has experience as a general contractor and in flipping single family homes.  At this stage in the project I feel as though I don't even know what I don't know when it comes to development.  Development is not something that is covered much on the many Real Estate podcasts that are out there.  

Does any one know of any good resources to learn more about real estate development? Specifically, the development of multi-family housing.  

Post: Specialty Apartment Lending Programs

Nate HigginsPosted
  • Real Estate Professional
  • Richland, WA
  • Posts 6
  • Votes 2
Originally posted by @Michael Le:

Hi @Nate Higgins,

What do you mean specialty lending programs? Do you mean like Fannie Mae Small Loan program or the Freddie Mac Small Balance Loan program?

 Yes, both programs.  They appear very attractive.  I'll take a look at the Old Capital podcast.  Was just curious if anyone had ever used a Fannie, Freddie, or USDA loan for apartment investing.

Post: Specialty Apartment Lending Programs

Nate HigginsPosted
  • Real Estate Professional
  • Richland, WA
  • Posts 6
  • Votes 2

I'm a new investor in the multifamily space, and I wanted to see if anyone had advice/experience with Specialty Apartment Lending Programs?  Specifically  Fannie Mae and Freddie Mac.