Two institutional grade, multi-family investment opportunities are available in strong markets in Tennessee. Both are new properties that have reached stabilized occupancy and are positioned for a quick sale. Financing assumable, or buy them all-cash.
A perfect addition to your portfolio! Additional information, and further details, available from Steve Sisson at ssisson@ccim.net.
Sunday, February 17, 2008
221(d)(4) Financing Seminar
Steve Sisson, CCIM, CPM, and Jeff Siebold, CCIM, MAI, will be offering a one-day, action packed Seminar on this FHA-insured financing program. The Seminar will provide a comprehensive overview of this program, along with a look at the application process, and information to help you navigate through the application with maximum efficiency.
The 221(d)(4) financing is available for proposed construction of multi-family housing. It has the advantages of no personal liability (that's right, its a non-recourse loan), below-market interest rates, a long amortization schedule, a very high Loan-to-Value ratio, and construction financing rolling into permanent financing in the same loan. Also, this financing is available for Market Rate apartments (not subsidized apartments).
Contact Steve (ssisson@ccim.net) or Jeff (jsiebold@ccim.net) for more information about this exciting program! A syllabus is available via e-mail.
The 221(d)(4) financing is available for proposed construction of multi-family housing. It has the advantages of no personal liability (that's right, its a non-recourse loan), below-market interest rates, a long amortization schedule, a very high Loan-to-Value ratio, and construction financing rolling into permanent financing in the same loan. Also, this financing is available for Market Rate apartments (not subsidized apartments).
Contact Steve (ssisson@ccim.net) or Jeff (jsiebold@ccim.net) for more information about this exciting program! A syllabus is available via e-mail.
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