Building a Strong Foundation: The Basics of Apartment Investing Financing - Jerry and Shelly Miles

Building a Strong Foundation: The Basics of Apartment Investing Financing - Jerry and Shelly Miles

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In this week's episode of Multifamily Freedom Chasers Debt Financing, Jerry and Shelly Miles from Adventure Commercial Capital provide the latest Debt Market updates and a crash course on the Basics of Apartment financing.

The Zoom meeting features a lively discussion with various real estate investors and professionals, including Dr. Charles Bingham, who shares his experience as a family medicine physician and real estate investor in Oklahoma and northern Pennsylvania.

The speakers cover essential topics such as the requirements for underwriting deals, sponsor net worth, personal financial statements, and value-add planning. They emphasize the importance of transparency with lenders and discuss potential red flags for deals such as credit scores, occupancy rates, and owner financing.

Additionally, the speakers provide information about free real estate training and mentorship opportunities and encourage listeners to take advantage of them. Contact information is shared, including a phone number for Jerry Miles, who is known for answering calls promptly.

Don't miss out on this informative and engaging discussion on the multifamily financing market.