RCRE - Finance Right Year End Review with Mitchell Stogner
Jake and Gino Multifamily Investing Entrepreneurs
English - December 25, 2019 15:42 - 40 minutes - 18.8 MB - ★★★★★ - 814 ratingsInvesting Business Education investing realestateinvesting realestateinvestment apartmentinvesting buyingapartmentbuildings buyingrealestate cashflow investingsmart jakeandgino makingmoney Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Dylan interviews Rand Capital’s newest team member Mitchell Stogner to discuss the 2019 Financing Year-End Review.
Mitchell has worked with a diverse group of real estate investors and developers during his previous role as a commercial loan officer throughout the SouthEast. Whether it be new construction, renovation, acquisition or refinance, he ensures debt be structured and tailored to meet a client’s specific needs, financing over $250M in deals. Mitchell is focused on the relationship and believes it outweighs a simple transaction.
2019 Year-End Review
Q1 2019 had a lot of deals come from 2018 due to agency running out of funds Summer 2019 rates got cut and investors take advantage of the favorable rates Always make sure you have a backup plan that aligns with your business plan Private label products emerged in June-August due to Fannie and Freddie reaching their lending limits again Bridge Lending has also emerged starting Q3 It is vital to make sure you know your exit out of the bridge loansExpert Pro Tip: Have your financing team in place for 2020
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