3 Genius Multifamily Financing Strategies for ANY Size Deal

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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Why Investors Should Ask for a Seller Assist When Buying Property:
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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!

[tylerhalstead]

Fellow Manchester NH investor here, Axel is a wealth of knowledge! Really wish I used seller credit on my off-market deal last month!!

[Otsenre]

I really appreciate how you broke this down. I learned a lot from you guys today. Thank you

[DavidPeterson]

Tons of value in this free video. Thanks for this

[GR..]

6:40 consider investor buyout terms for joint ventures, be upfront about needing full equity eventually
9:40 Target people with lending backgrounds
(Consider using this for storage unit deals)
Revisit 2nd mortgages segment and pro tip

[modernmillennial]

The is already one of the most valuable real estate videos on the net. This is awesome.

[mikeschroeder]

This is great I had to watch this video twice. Second position is brilliant, I’ve been trying to figure out how something like this could work recently. Well timed, thanks guys

[lusu]

I understand real estate and every aspect of it. EXCEPT for creative financing and refinancing. I’ve been watching a bunch of videos learning little by little.

[mikeloker]

Man I’m going to start asking for seller credit a lot more! Even on my small single family properties and small multi family's.

[andrewkim]

why would the first position lender agree to the seller credit? typically, they would only lend at 80% of value, but this seller credit strategy essentially increases that 80% to something higher (like 90%). would that lender have an incentive to agree to this?

[sergiolescano]

Guys! Thanks for sharing such a wonderful information! This video is tremendous for those like me that are starting in Multi Family Industry! Gracias 🙏!!!

[moshemayer]

This was an awesome episode Great Nuggets dropped.
Love the creative financing and "HOW can we get this done" mindset.
Theres always a way in Real estate no one size fits all

Axel keep crushing it!

Thank You Guys.

[kwannp]

This was excellent gentlemen! Thank you@

[tadowdammit]

What's the cap on the seller credit? What's reasonable and what would turn your lender off?

[MsBabygirl]

What types of banks allow these types of loans with 1st, 2nd, and such large seller credit? I thought there were rules on amount of seller credit allowed? And I thought it had to be no more than buyers closing cost.

[obedcalixte]

This was great insight! I'm not investing in CRE yet but this gives me ideas for how I can apply it in residential and for clients as well!

By the way Alex, what made you choose to purchase in Lakeland? I live in St Pete so it's always interesting to hear when OOS investors mention the lesser known metros in Florida.

[menardtexsampson]

Love it this is a awesome show love to learn about these creative financing concepts

[gevorgkhachatrian]

Very interesting conversation 👍Thanks guys for your advice!

[-Silly-Willy-]

Great nuggs in this one. Thanks fellas

[JM-lhwk]

Hey guys! Im at 10mortgages already, how can i continue to get properties without doing porfolio loans??

[SeeItSoCal]

I’m confused about the second mortgage. Isn’t a second mortgage a home equity line of credit on the portion of the home loan that you have paid off? How do you do a second mortgage right off the bat before closing on a property to begin with? Or is the term second mortgage being used to mean a private lender or another lender in second position?