3 Genius Multifamily Financing Strategies for ANY Size Deal

[@tylerhalstead255]

Fellow Manchester NH investor here, Axel is a wealth of knowledge! Really wish I used seller credit on my off-market deal last month!!

[@Otsenre0]

I really appreciate how you broke this down. I learned a lot from you guys today. Thank you

[@GR.33.]

6:40 consider investor buyout terms for joint ventures, be upfront about needing full equity eventually 9:40 Target people with lending backgrounds (Consider using this for storage unit deals) Revisit 2nd mortgages segment and pro tip

[@mikeschroeder8356]

This is great I had to watch this video twice. Second position is brilliant, I’ve been trying to figure out how something like this could work recently. Well timed, thanks guys

[@DavidPeterson726]

Tons of value in this free video. Thanks for this

[@modernmillennial]

The is already one of the most valuable real estate videos on the net. This is awesome.

[@axelragnarsson7517]

Thanks man!

[@sergiolescano1709]

Guys! Thanks for sharing such a wonderful information! This video is tremendous for those like me that are starting in Multi Family Industry! Gracias 🙏!!!

[@mikeloker6908]

Man I’m going to start asking for seller credit a lot more! Even on my small single family properties and small multi family's.

[@andrewkim4950]

why would the first position lender agree to the seller credit? typically, they would only lend at 80% of value, but this seller credit strategy essentially increases that 80% to something higher (like 90%). would that lender have an incentive to agree to this?

[@cjweldy]

Good question!

[@Mr.Market777]

I heard from a young realtor that you have to sell them a vision to believe in you and “join you on your journey”. His vision was to retire his mom and his first few seller finance was family and friends

[@moshemayer4817]

This was an awesome episode Great Nuggets dropped. Love the creative financing and "HOW can we get this done" mindset. Theres always a way in Real estate no one size fits all Axel keep crushing it! Thank You Guys.

[@lusu6804]

I understand real estate and every aspect of it. EXCEPT for creative financing and refinancing. I’ve been watching a bunch of videos learning little by little.

[@nbates9893]

Watch pace morby for creative finance.

[@memo3252]

Every aspect ? You should have your own show. 20y RE broker and creative financed many deals and I would never say I know every aspect. There is always things to learn. I have learned RE even from people who don't do RE. You should learn and than learn some more.

[@obedcalixte9711]

This was great insight! I'm not investing in CRE yet but this gives me ideas for how I can apply it in residential and for clients as well! By the way Alex, what made you choose to purchase in Lakeland? I live in St Pete so it's always interesting to hear when OOS investors mention the lesser known metros in Florida.

[@menardtexsampson3745]

Love it this is a awesome show love to learn about these creative financing concepts

[@kwannp6141]

This was excellent gentlemen! Thank you@

[@MsBabygirl1920]

What types of banks allow these types of loans with 1st, 2nd, and such large seller credit? I thought there were rules on amount of seller credit allowed? And I thought it had to be no more than buyers closing cost.

[@SeeItSoCal]

I’m interested to know this answer too 😃

[@Woodshadow]

He is using bridge financing so I am not sure where he is getting that loan but that lender might be able to get around it

[@MsBabygirl1920]

@@SeeItSoCal exactly when I bought my home they were like no no and no to all of the things I wanted to do. Am I selling credit could not be more than $6,000 which wasn't even 100% of my closing cost. Lol I need these lenders that they're using in my life

[@tadowdammit9153]

What's the cap on the seller credit? What's reasonable and what would turn your lender off?

[@gevorgkhachatrian6778]

Very interesting conversation 👍Thanks guys for your advice!

[@acidtongue514]

Great content. Thanks guys.

[@JM-lh8wk]

Hey guys! Im at 10mortgages already, how can i continue to get properties without doing porfolio loans??

[@CliffNotesAnesthesia]

You should probably put this in the live chat 💬 as well 😉

[@Woodshadow]

sell the single families 1039 into larger multi families. Buy some more single families if you are still interested in that. That would be my suggestion.

[@MarioRuscovici]

One find a lender which does commercial loans Two get married and put properties in spouse's name

[@likes-yv3lj]

Partner with me and that will give you 10 more loans 😂

[@MK-gk9ri]

Good info. Thanks

[@-Silly-Willy-0]

Great nuggs in this one. Thanks fellas

[@CliffNotesAnesthesia]

Great conversation here

[@SeeItSoCal]

I’m confused about the second mortgage. Isn’t a second mortgage a home equity line of credit on the portion of the home loan that you have paid off? How do you do a second mortgage right off the bat before closing on a property to begin with? Or is the term second mortgage being used to mean a private lender or another lender in second position?

[@memo3252]

A second loan is just an investor be it a bank or private money that is willing to be in second position. The terms are based on the investor and buyer negotiations. There is no, this way or that way, terms are negotiatable always unless no one else will lend.

[@christobar]

Terrance - that hat. Amazing.

[@ygeetatv]

This is golden 🔥🔥🔥

[@deshtruction33]

Is this on Spotify?

[@finrowrealty]

Great video. More like this 👍🏻🙏🏻

[@Woodshadow]

For the Seller credits... I know in my area we have a excise tax of 3% so if we upped the deal by $50k then the seller would be paying an additional $1.5k right?

[@newprop9658]

Great video

[@jeffreyhalverson83]

So how do I become an investor?

[@Ricocase]

For seller credits, are you telling the commercial bank 2.5M or 2.65M? Is the hard money lender first? After negotiating seller downward, why would a seller want to do this?

[@memo3252]

Private money would be 2nd position and that private lender has cross collateralization on some other property ( most likely) they own to grey private money terms needed to they have long term relationship.

[@bldfinancial]

💯💯💯

[@kjohri]

Why would the bank be ok with Seller Credit ? Essentially, it decreases your skin in the game.

[@Acclvr]

So pickpocket a wealthy investor to get his attention…got it! Thanks! 😉 jk. Loved the information.

[@kashjawed]

great strategies - i need to drop my wallet more often

[@BTCSowhat]

If you need a second mortgage, you don’t need to be on Realestate as an investment. 50k is not a struggle for a grown up American. That’s bs. Grown men have money.

[@BTCSowhat]

I see I only got 1 👍 huh!! That means you all agree! Foh