Multifamily Building Mortgage Rates Trending Down, Winston Rowe And Associates
Multifamily housing of all types is now considered a safe harbor commercial real estate investment.
By: Winston Rowe and Associates
Multifamily real estate can be an alternative for those who are not able to withstand the volatility of the current commercial real estate market.
Multifamily investing is a preferred safe harbor investment because of the source of monthly income along with slow but steady appreciation in the value of their commercial real estate portfolio.
If you new to multifamily investing you'll need to know how to prepare a commercial mortgage proposal for a multifamily purchase or refinance and get the best deal.
There many options to consider when seeking a commercial mortgage. Many people think I'll just go to the corner bank and get a commercial mortgage. Only to discover that the approval process has many layers (committees)
There is a secondary commercial mortgage market that caters to multifamily investors. This can be accessed through consultants, commercial mortgage brokers and intermediaries.
These professionals generally have hundreds of contacts and the expertise to assist you in preparing the commercial mortgage proposal.
Another advantage of seeking a commercial mortgage in the secondary market is the short approval process, which can take days in some cases not months.
Winston Rowe and Associates a national consulting firm has access to the secondary commercial mortgage markets connecting people, opportunities and capital.
You can contact them at 248-246-2243 or visit them online at https://www.winstonrowe.com
Winston Rowe and Associates