![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3041862/small_1717553695-avatar-timg311.jpg?twic=v1/output=image&v=2)
24 June 2024 | 4 replies
You can filter by type, size, location, and development stage to pinpoint areas with upcoming projects.News and Research: CoStar offers a news section with articles on recent and upcoming developments.
24 June 2024 | 11 replies
Hi Tim,This week, we executed a term sheet for a client for a similarly sized asset in RI at 70% LTV, 30 Year Fixed @ 7.625%.It is possible to get a lower rate if you're okay with more thorough underwriting.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2337139/small_1641950690-avatar-andrewj431.jpg?twic=v1/output=image&v=2)
23 June 2024 | 7 replies
Although you are not talking a Syndication, I would seek out Syndications in the type and size of REI you're interested and go through the investment process with them to see their setup.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2397378/small_1646868544-avatar-ajw35.jpg?twic=v1/output=image&v=2)
24 June 2024 | 4 replies
And the majority of commercial lenders have rates in the 6s or 7s right now for most real world scenarios, and being overly worried or concerned about if it's 5 units or 500 units is absurd, both the rents and the loan size will automatically scale up and down accordingly (if anything, the larger unit counts scale better, so limiting someone to X units makes zero sense).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2885328/small_1703785090-avatar-danielb1290.jpg?twic=v1/output=image&v=2)
26 June 2024 | 32 replies
Some of these exceptions have been unsafe environment (article from borrower with shooting nearby, larger family size and need for more space from unexpected pregnancy, job relocation, and other.So every 2 years is fine however dont let that 2 year figure hold you up because there is general guidelines then there is whats "really," happening out there with loan underwriters and what they'll actually approve.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/209946/small_1621433412-avatar-passveincome4me.jpg?twic=v1/output=image&v=2)
24 June 2024 | 26 replies
I'm relatively new to BP, but it seems skewed towards companies of this size, and I wouldn't be surprised to see .I have some good news and some bad news for you:Bad news: There isn't a good way of getting Yardi training outside of working for a company that uses it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/695128/small_1621495610-avatar-gilo81.jpg?twic=v1/output=image&v=2)
28 June 2024 | 100 replies
>>>>>>>>>>>>>>>>>>>>>Multifamily bridge loans:Loan Size:$1 million and upLoan Term:Short-term, typically ranging from 6 months to 3 yearsMost common range is 12-24 monthsExtension options may be availableInterest Rates:Higher than permanent financing, often in the teensRates vary based on creditworthiness and collateralGenerally 7-10.5% for multifamily, 15-24% for other commercial propertiesAmortization:Typically interest-only paymentsMaximum Loan-to-Value (LTV):Up to 75% of total project costCapped at 70% of the completed or stabilized property valueFees:Origination fees, legal fees, closing costs typically 1.5-3% of loan amountFees can include appraisal, administration, escrow, title policy, and notary chargesOther key characteristics of multifamily bridge loans:Fast closing process, with funds available quicklyEligibility based more on property value than borrower creditOften used for acquisitions, renovations, lease-up, or repositioningProvided by private lenders, venture capital firms, and commercial real estate lendersNeed to be refinanced or paid off quickly via sale or permanent financing>>>here is how extension options can impact the overall cost of a multifamily bridge loan:Extension fees: Exercising an extension option on a multifamily bridge loan typically requires paying an extension fee to the lender.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2037530/small_1739235862-avatar-allenz8.jpg?twic=v1/output=image&v=2)
21 June 2024 | 3 replies
homes there are quite pricey for the size. thanks looking forward to hear from you guys!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2992507/small_1712678002-avatar-whitneyp45.jpg?twic=v1/output=image&v=2)
22 June 2024 | 7 replies
Other STRs in the area of smaller size have reported earning potential up to $3k per month.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/918662/small_1621505540-avatar-brianesq.jpg?twic=v1/output=image&v=2)
23 June 2024 | 105 replies
Asset Protection is NOT a one size fits all strategy, but is specific for each person per their current assets, worth, goals, and what they invest in.