00:00 Multifamily financing isn’t as scary as it seems, even when it comes to big deals. The bigger the deal, the more money you can raise, and sometimes that means that you, as the investor, get to keep more money in your pocket. But maybe you have a great deal on the line that you just don’t have enough cash to acquire. Do you give up the deal or start to get creative?
Axel Ragnarsson isn’t one to let go of phenomenal deals, especially when he’s put so much work into getting them under contract. In our first episode with Axel, he spoke about getting off-market deals thanks to some simple cold calls, emails, and direct mail. Now, once he has the terms agreed to by a buyer, he needs to put together the financing to close. This is where some of his genius creative financing strategies come into play.
Whether you’re looking at a three-unit or three hundred-unit multifamily property, these tips from Axel could help you acquire the asset of your dream, all while making your investors happy!
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Check out Last Week’s Part 1 Episode with Axel:
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Connect with Axel on
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Follow Axel on Instagram:
@multifamilywealth or
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Why Investors Should Ask for a Seller Assist When Buying Property:
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Four Things You Need to Do Before You Start Raising Money:
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Connect with Terrance:
Instagram: @terrancedoyle or
BiggerPockets:
LinkedIn:
Connect with Chris:
Instagram: @chrislopez_co or
BiggerPockets:
LinkedIn:
00:00 Intro
01:32 1. Investor Buyout Options
09:32 Pro Tip: Know Your Investor
11:27 Accelerate Your Wealth Building
12:30 2. Second Mortgages
15:10 Pro Tip: Request a Desktop Appraisal
18:41 Pro Tip: Find Equity Upside
20:53 3. Seller Credits
26:00 The 3 Benefits of Creative Financing
28:52 Building a Brand to Boost Your Investments
33:21 Share What You're Doing!
Recommended Reading >> bit.ly/32kRpzw
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