
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.

10 July 2019 | 2 replies
If the seller dies before closing, the contract is null and void - but other than that rather extreme and permanent condition, the seller would not be able to just cancel an executed contract.

23 August 2022 | 72 replies
Were you and your husband able to refi into a permanent loan afterward?

30 June 2020 | 16 replies
I heard that the city of San Francisco has made the moratorium on evictions permanent.

24 November 2019 | 2 replies
Permanent disability: counts without caveat.Temporary disability: counts once there is a projected return to work date.

3 November 2017 | 1 reply
Said to have a 50 Billion economic impact. 7-10 years of construction. 40-50 thousand construction jobs and 10,000 permanent after construction is done.They just finalized the deal happening.What is the plan of attack here?

19 October 2023 | 20 replies
Someone should keep this list up-to-date or make it a permanent page of the podcast...

15 November 2019 | 10 replies
The Community Development Lending department offers affordable housing solutions across the US, including construction loans, bridge/acquisition loans, equity and permanent mortgages.

20 February 2014 | 10 replies
When getting permission for a replacement leeching field from the health dept back in 1989, the approval states that the owner was supposed to make the additional land "purchased for sewage disposal purposes" a permanent part of his property.

24 May 2024 | 100 replies
Otherwise there is big changes comingBiggerpocket investment advice is bad man .... telling you.When everyone is purchasing STVR in toledoville for 50% markup to follow the early guy that has invested there in long term, it's time to get out, basically, they increase the supply side; while demand remains the same.There's no way the city/gov would not catch you guys that convert the regular homes to permanent Airbnb.