Investment Options Apartment Building & Complex Loans No Upfront Fees

WINSTON ROWE & ASSOCIATES WEB SITE

248-246-2243

processing@winstonrowe.com

Winston Rowe & Associates, a no upfront fee commercial real estate financing firm that specializes in the apartment building investments and general commercial real estate financing.

They are still seeing strong options on apartment building loans, in the $650,000 - $5,000,000 range.  This segment of the commercial mortgage industry is holding its own and doing a lot better in terms of programs, rates and underwriting flexibility than the typical owner occupied or commercial investment property loans.

For more information, you can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com

With the improving apartment and multifamily market the five year, seven year, ten year and even 30 year fixed rate financing is extremely attractive for investors.  As a comparison, 5 year fixed is now, normally the longest you will now see on other investment property loans.  Amortization schedule also are aggressive normally at 30 years with a few programs to 35 and even 40 years.  Some are fully amortizing.   Loan to value restrictions are set at an aggressive 80% on purchases and 75% on refinances vs 60% - 65% loan to value on other investment property loans.  

A great free knowledge base resource for apartment building investors is

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates is seeing more and more borrowers refinancing their existing floating or short term rates into a long fixed rate programs, even if the proposed effective rate is higher than their current program.  Many borrowers feel that inflation could be lurking around the corner and they want to secure relatively low rates now, in case they go up substantially in the future, when the economy finally turns around.

All in all apartment building loans are still viable.  Investors are finding some really interesting deals as well as capitalization rates have gone up pretty much in every market in the country.  Even major markets such as LA or New York have seen drops in asking prices.  Another component of this is that the general outlook for apartment building loans is strong as the government, via Freddie Mac or Fannie Mae back the apartment secondary market and will likely continue to provide the liquidity that many other markets are lacking.    

If you’re seeking apartment or multifamily financing, Winston Rowe & Associates efficient, end-to-end commercial real estate financing solutions provides commercial mortgage capital to owners of all commercial property types. With flexibility and speed of execution, they are able to offer a broad range of financing capabilities. In most cases they can close your loan within 30 days.

Winston Rowe & Associates has no upfront commercial loan programs in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming

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