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The Old Capital Podcast is aimed at Real Estate Investors - both new and experienced.
Hosts Michael Becker and Paul Peebles deliver no-hype education and expert perspectives.
You will gain valuable insights from interviews with actual real life investors who are active in acquiring and operating apartment complexes. You will discover how they are identifying, financing and operating apartment complexes, as well as helpful advice on how to get started and avoid common mistakes.

Jun 5, 2017

Not all Lenders are the same; some Banks are not real estate lenders. 
Not all Lenders like Apartment loans
Not all Lenders like older properties that need to be rehabbed and repositioned 
Not all Lenders like non-recourse loans; most will not even offer non-recourse loans
Not all Lenders will like the part of town that you want to invest in.
Not all Lenders will give you maximum leverage to acquire and rehab with your loan
Not all Lenders will amortize apartment loans greater than 15 years

Your large bank loan officer is not the decision maker; help him/her build a case for their credit committee to approve the loan. Loan officers are sales people and problem solvers, but they don’t have signing (approval) authority.