Property Management News

FHA Lifts Temporary COVID-19 Underwriting...

Lenders will to return to using standard MAP Guide policies. The Federal Housing Administration (FHA) announced that it is removing temporary COVID-19 underwriting mitigants for multifamily transactions insured under Section 223(f) of the National Housing Act, effective immediately for all insured transactions that have yet to reach endorsement. The temporary requirements calling for nine months of debt service reserves, 250% repair escrows, and limits on cash-out refinance transactions were originally put in place in April 2020 to counterbalance potential financial effects resulting from the COVID-19 pandemic. In the almost two years following implementation of the policies, the FHA... Read more

Want to invest in real estate, but your credit’s not great? Here are six ways to do it. Any time you buy a home or other piece of real estate — at least...

Real estate, as an asset class, encompasses countless different niches and subsectors, each of which can appeal to a broad range of investors. From an investor’s...

Any initial rises in interest rates are expected to be offset by spread compression and new sources of capital entering the market. The pace of multifamily loan...

2021 was an exciting year in the multifamily financing market, and for Berkadia mortgage banking — we originated over $40 billion in volume for our clients across our...

Do You Have Goals of Being the Next Yiannakis...

When purchasing the first investment property, several variables need consideration, with the initial step in the process being to research while accumulating a down payment. A good search will include looking into housing prices, locations and checking into the pre-approval processes. Taking that first step is huge for any investor as it likely was for mogul Yiannakis Polycarpou who is now massively successful in the industry. Properties are among the most considerable assets a person can own, but as time passes and with adequate effort, an investor can earn a generous passive income. Before you reach the level of a mogul or establish an empire of your own, you must learn the... Read more

Even with mortgage rates on the rise, plenty of homeowners can still improve their finances by refinancing — albeit far fewer than just weeks ago. At current mortgage...

It will focus on providing capital to Black-led affordable housing developers, as part of Goldman Sachs’ One Million Black Women initiative. Goldman Sachs is taking...

Are you thinking about buying property with someone? If so, you need to understand the two main ways that people buy property together: joint tenancy and tenancy in...

Want to invest in real estate this spring? Here’s how to start preparing now. There’s a lot of opportunity for real estate investors these...