4. Your Biggest Business Partner with Julie Peterson

Who is your biggest business partner in apartment investing? Your lender! In this episode, go behind the scenes with Julie Peterson of Old Capital to discover how profitable deals get successfully funded.
LISTEN FOR THIS

• 60-75% of funds to purchase an apartment complex come from lenders.
• Lending brokers are doing their due diligence to only fund apartment deals that will be profitable.
• Lending brokers are like traffic controllers who keep track of what is going on through strong relationships with general partners, real estate brokers, banks, etc.
• A lending broker will find the right loan for each specific property and vet the general partners you’re investing with to make sure they have a good track record and boots on the ground — helping to protect the investors’ interests.
• The general partners bringing the deals to investors use their own money to secure deals, spend time finding the deal, underwriting the deal and building relationships to put the deal together.
• After lenders provide funding, they continue to monitor how the property is being managed.

ABOUT JULIE PETERSON
With 30 years of Real Estate transaction experience, Julie Anne Peterson knows how to place debt, invest passively, syndicate as a general partner and capital raise for Commercial Multifamily properties. She specializes in helping new investors understand the debt requirements and connects them with sponsors who will take them to close. Julie is also the host of the wildly successful weekly ZOOM @ 8pm EST platform that brings industry professionals in to help educate new investors.
QUOTES
“We are your biggest partner in this deal. We're bringing the largest amount of capital to it. So, you want to have a relationship where you know, like and trust, not only the people that you're bringing in as partners, but also the lender.”
“We’re going to give you an understanding of: What is the debt? What is your business plan? How do you marry those and figure out if this makes sense from a product perspective?”
CONNECT WITH JULIE
Website: oldcapitallending.com
Julie Anne Peterson on Facebook, LinkedIn, Instagram
ZOOM @ 8pm EST: Free networking with professionals in the industry - Register Here

CONNECT WITH US
Learn more about passively investing in apartment buildings:
Website: hansenholdings.com
Free Webinar Training: hansenholdings.com/webinar
Schedule Call with Matt: Schedule Intro Call
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