Birmingham, MI (PressExposure) February 02, 2009 -- Commercial Finance Advisors has launched a new website devoted to apartment loans and investment property loans. The site discusses all aspects of apartment financing from Fannie Mae, conventional financing, to non recourse loans, and more.
âWe created the site to be both an information resource for apartment owners as well as a presentation on the loans we work on.â Comments President, Jeff Rauth. âInvesting in many types of commercial real estate is currently not viable from a financing perspective, if you look at the wrong types of deals/building types. However, if you look at the right kind of building types you will still have strong finance options. We try to show you what is still viable within the site.â
Here a link to the apartment website: http://www.apartment-loan.biz
As the banking issues persist, more and more investors are having a hard time getting their transactions closed. One of the most viable sectors in the commercial real estate investment arena, in terms of financing, is apartment loans that fit the Fannie Mae or Freddie Mac guidelines.
Investors are encouraged to look at transactions in the opposite way they normally do. Instead of first finding a solid property, and then figuring out how to finance it, they should proceed in the other direction. I.e. first get a better understanding of what type of loans lenders are still closing, than go out and find a property that matches that. This way you wonât waste months of time on transaction that cannot close.
Apartment loans are still viable, but investors need to understand what the realities are and what they will need to look like on paper to meet the new more restricting guidelines.