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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.

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  2. Episode 195 - What happens if $$$ from Fannie Mae or Freddie Mac dries up? You need options, right?

Episode 195 - What happens if $$$ from Fannie Mae or Freddie Mac dries up? You need options, right?

Sep 13, 2019

Your lender is usually your largest partner. They can bring in almost 80% of the funds needed to close your apartment transaction. In the last, few years Fannie Mae and Freddie Mac have been the primary lender for apartment syndications. Sponsors have loved Fannie Mae and Freddie Mac because of their execution and flexibility to provide NON RECOURSE, LONG FIXED TERMS, LONGER AMORTIZATION, INTEREST ONLY & SUPPLEMENTAL LOANS. But, what happens IF these Government Supported Entities start to restrict lending. What happens when your lender changes course? We discuss what is happening in the apartment lending market today and what additional loan options you can explore.
US Treasury Update on Future Proposals for Fannie & Freddie:
https://home.treasury.gov/system/files/136/Treasury-Housing-Finance-Reform-Plan.pdf
https://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx?PageName=FHFA-Revises-Multifamily-Loan-Purchase-Caps-for-Fannie-Mae-and-Freddie-Mac.aspx
Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.