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One of the greatest risks to multifamily investing is financing. Many of today’s newer operators are using heavily leveraged bridge debt to finance deals. If things don’t go according to plan, they can get stuck unable to get extensions or refinance after an initial three-year term. When this happens, sponsors can lose their property.
Brian Burke, CEO of Praxis Capital, has been in multifamily for over 30 years and shares his experience and wisdom on financing and many other aspects of multifamily investing.
Learn more at https://www.streetsmartsuccess.com
