RPP - Fannie & Freddie Market Update

jakeandgino jakeandgino | 4 years ago

Dylan Marma and Mike Taravella interview Rand Capital’s Nick Chapman to discuss Fannie and Freddie’s Q4 2019 updates. Fannie & Freddie increases their loan caps $100 B Allows for more investing to end Q4 2019 Requirement to receive the best possible financing In Market Ownership Ownership Experience Network & Liquidity Healthy T12 and T3 financials High Quality Asset Contact Information: Nick Chapman’s Email Rand Capital Website Attend Multifamily Mastery 3 and use the di...

RPP - Pulling the Cash Flow Levers with Nick Chapman

jakeandgino jakeandgino | 4 years ago

Dylan Marma and Mike Taravella interview Rand Capital’s Nick Chapman to discuss the financing cash flow levers to maximize cash flow with agency debt. Interest Only Allows for more velocity on your capital to hit IRR targets and preferred returns You leverage the interest-only period to reinvest into the property in the form of capital expenditures (Capex) Case Study Loan: $3M Loan Interest Rate: 4.25% Cash Flow Savings of $50,000 Longer Amortization Period Longer amortizations...

Jake and Gino Jake and Gino | 4 years ago

Nick spent 15 years in the lending side of banking. Originally focusing on residential mortgages but as a result of the financial collapse in 2008, he transitioned to business banking and was recruited to work for one of the largest privately held lenders in the country. Shortly after being introduced to Jake and Gino through some mutual friends in real estate, Rand Capital was created as part of the Jake and Gino family of companies. Nick’s goal is to serve our community of students with educ...

Jake and Gino Multifamily Investing Entrepreneurs: RPP - Financing Using CMBS & Private Lenders wit...

jakeandgino jakeandgino | 4 years ago

Dylan Marma and Mike Taravella interview Rand Capital’s Nick Chapman to discuss Fannie and Freddie’s lending limits for 2019 and the uptick in alternative funding sources. These alternative funding sources are CMBS and Private Lenders. CMBS: Very common funding source for office space, but becoming more common in the multifamily space Minimum Loan Amount: $3M Loan-To-Value (LTV): 75% Can have higher LTV by leveraging mezzanine debt (85%) Loan Term: 5 and 10 year terms 30 year amor...

FHFA to make Fannie, Freddie appraisal data public

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

Looking to provide more transparency into home valuations, the Federal Housing Finance Agency is making available to the public the Uniform Appraisal Dataset records compiled by the government-sponsored enterprises.The data is drawn from 47.3 million appraisal records collected from 2013 through the second quarter of 2022 on single-family properties in a manner that protects borrower privacy. In addition, FHFA is offering UAD Aggregate Statistics Dashboards on its website to provide user-friendl...

jakeandgino jakeandgino | 4 years ago

Episode 4 of the Wheelbarrow Profits series: Rand Partners Podcast where we provide a quick hit of Multifamily education weekly! Jake Stenziano and Dylan Marma host this sub-series which is designed to educate you in a short period of time, whether on the subway, driving to work, or on a jog. We’ve created this series to give actionable content that is quick and to the point. [0:00:01] Jake Stenziano: All right, dude. You ready? [0:00:02] Dylan Marma: Ready. [0:00:04] Speaker 3: W...

Fannie and Freddie escalate nonperforming loan sales

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

Fannie Mae and Freddie Mac sold 30% of their nonperforming loan portfolio during 2021, the highest share ever, the latest Federal Housing Finance Agency report stated.The government-sponsored enterprises sold 24,164 nonperforming loans last year from a portfolio of 79,591 that they held as of Dec. 31, 2020. The sales consist of loans in the portfolio for at least a year.In the pandemic year of 2020, units sold totaled just 4,051 or 8% of the total 51,512 held on Dec. 31, 2019.However, because o...

Ex-FHFA Chief Calabria warns of Fannie, Freddie risk

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

Mark Calabria, who oversaw the two government giants under Trump and was fired by the Biden administration, said in a recent interview that the government-sponsored enterprises are once again at risk of insolvency.

How To: Multifamily Financing Using Fannie Mae, Freddie Mac.

timandjulieharris timandjulieharris | 6 years ago

Government-backed multifamily financing are multifamily loans sponsored by Fannie Mae, Freddie Mac, as well as the FHA. There are more than 5 government-backed multifamily financing options available to investors which can either finance properties with 2 – 4 units or properties with 5+ units. Government-backed multifamily financing have terms between 5 – 35 years and are issued by government-approved mortgage lenders. Schedule A Free Coaching CallVisit Tim & Julie Harris OnlineListen on iTu...

Multi-family Market Considerations with Nick Ameluxen

jakeandgino jakeandgino | 2 years ago

Mike Taravella interviews Nick Ameluxen of Quantum Capital. Key Information: Market Considerations Population/job growth Diversity of industry Travel time (proximity) Median household income Underwriting Stress test your underwriting assumptions to account for all possible scenarios. Be prepared for any externality. Find debt that gives you options and flexibility with your exit strategy. Pro tip “Stay consistent” Contact Infor...