CTW 015: "Old Capital" Multifamily Lending with James Eng

Mar 20, 2018

In this episode James Eng brings us a very experienced background in the financing space. 

James got his with GE Capital where he provided $750M in financing for all types of commercial real estate loans throughout Texas. Now at Old Capital Lending, he provides $150M in Texas multifamily properties every year. In addition, he is a limited partner in over 3,300 units across 13 properties. 

Topics covered in this episode:

• Differences between Fannie and Freddie
• What is a bridge loan
• When to engage James Eng
• How to make the lending process easier
• Length of time it takes to close
• State of the multifamily market
• Comparison of the major Texas markets

Resources and books recommended:

• NY Times Census Map
• Tools of Titans
• The 4-Hour Workweek

James Eng contact info

[e-mail]

http://www.txmultifamily.com

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