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Commercial lending is a massive part of multifamily lending as a whole. If you’re looking to tackle bigger real estate deals, with more capital needed, you’ll need to become an expert in all things related to commercial loans. Or, you could partner up with a couple of rockstar brokers like William Foy and Marcus Davis from Spearhead Mortgage. On Today’s show, William and Marcus dive into the nuances of investing, including creative financing options for multi-family investors, residential vs. commercial loans, the fundamentals to keep in mind when approaching a broker, and the five key things brokers look for when presented deals! Follow William and Marcus: William Foy: https://www.linkedin.com/in/williamfoy/ Marcus Davis: https://www.linkedin.com/in/marcus-davis-932b0820/ ~~~~ Watch Marcus and William’s Live Q&A: https://youtu.be/uVEMbFPZGqo ~~~~ Watch Other Multifamily Mentor Episodes: https://youtube.com/playlist?list=PLemZAITnDsSXkeeicI--VaLqSaXKEyJ5a ~~~~ Connect with Terrance and Chris on Instagram: Instagram: @terrancedoyle or https://www.instagram.com/terrancedoyle/ @chrislopez_co or https://www.instagram.com/chrislopez_co/ BiggerPockets: https://www.biggerpockets.com/users/TerranceDoyle https://www.biggerpockets.com/users/chlopez 00:00 Intro 1:47 What is a lender vs mortgage broker 3:03 background 6:35 Commercial vs Residential lending 12:34 Commercial Real Estate fees 15:31 Debt options for MF Financing 38:09 What you need to prepare for your mortgage broker 39:39 The 5 C’s of Lending 47:10 Deal Analysis- Fourplex 52:33 Deal Analysis- Tampa Bay Multifamily 57:37 Superpower 1:01:21 Mentorship
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