There are more real estate investors in the game that ever, which means there are even more ways to finance deals, but educating yourself on what the process looks like and how to structure deals is really important. Today’s guest is Jonathan Twombly, who has some tips for financing a multifamily deal the right way. Jonathan is a full-time multifamily real estate investor, popular BiggerPockets commenter, host of the Real Estate Launchpad Podcast, and creator of Multifamily Launchpad, the only membership-based learning community just for multifamily real estate investors. In this episode, Jonathan explains how he went from a corporate W2 to full-time real estate investor, how he got financing for his first deal, the pros, and cons of agency debt versus MBS loans, and why he is more nervous now that easier lending is driving prices up. We also discuss cap rate and how it equates to risk, interest rates, and debt and leverage constraints, as well as the dangers of financial engineering on lower-class deals, a greater pool of undereducated, accredited investors thanks to the inflation of salaries, and the risks of pref equity. Tune in today!
