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ASK MIKE MONDAYS - Michael, what are the LIQUIDITY & NET WORTH requirements from a lender to qualify for an APARTMENT LOAN?

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Manage episode 223966233 series 2394629
Content provided by Paul Peebles and Michael Becker. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Peebles and Michael Becker or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Buying a large apartment building is NOT a NO CASH/ NO NET WORTH/ NO CREDIT business model. The lender needs to see the depth of your balance sheet. Your lender is going to loan you thousands of dollars and wants to make sure that they are comfortable with your balance sheet. Michael breaks down what typical apartment lenders need.

  continue reading

506 episodes

Artwork
iconShare
 
Manage episode 223966233 series 2394629
Content provided by Paul Peebles and Michael Becker. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Peebles and Michael Becker or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Buying a large apartment building is NOT a NO CASH/ NO NET WORTH/ NO CREDIT business model. The lender needs to see the depth of your balance sheet. Your lender is going to loan you thousands of dollars and wants to make sure that they are comfortable with your balance sheet. Michael breaks down what typical apartment lenders need.

  continue reading

506 episodes

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