If you are new to multifamily syndication, you have to know that to close a deal, you will need tons of cash. But, you don’t have to do it on your own. The magic of syndication is that you can look for potential investors and at the same time, borrow money to finance your deal. In today’s #Highlights episode, we look back at our conversations with Debbie Bloyd and Eric Johnson. The two talk about ways you can secure finances through lending to fund your first deal.
Debbie talks about the FHA construction loan and how it can be used for a single-family or a four or five-plex to work on your lending credibility. Meanwhile, Eric explains various debt strategies, namely, fix and refi; fix, refi and hold; and five-plus. Click the play button and start learning about creative lending strategies you can do today!
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