The Apartment Guys Podcast

Episode 039: Paul Winterowd - Checklist In Getting A Multifamily Property Loan

April 22, 2021 Tate Siemer Episode 39
The Apartment Guys Podcast
Episode 039: Paul Winterowd - Checklist In Getting A Multifamily Property Loan
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The Apartment Guys Podcast
Episode 039: Paul Winterowd - Checklist In Getting A Multifamily Property Loan
Apr 22, 2021 Episode 39
Tate Siemer

Obtaining a loan for a multifamily property is beneficial if you have all the necessary documents in place. These documents can help you make your transactions smooth and easy. In this episode, Paul Winterowd shares his knowledge on what to be ready for regarding getting a loan.

WHAT YOU’LL LEARN FROM THIS EPISODE:

  • Importance of an Organizational Chart and Personal financial statements
  • Scheduling of real estate owned documents and bio/resume
  • Importance of separating emotions in doing investments
  • Importance of having a good credit score and credit report 
  • Benefits of having and keeping records of tax returns,  Rent Roll, profit-and-loss statements, budget, and Pro-forma documents
  • Importance of knowing who your team or supporting cast is

ABOUT PAUL WINTEROWD:

Paul Winterowd (pronounced Winter Road) is a Capital Advisor with Bonneville Multifamily Capital, based in Salt Lake City, UT. He specializes in multifamily lending and has sourced debt for new construction, bridge, and stabilized products across a number of different loan programs and lenders. He has earned the CCIM designation and is also a multifamily investor having been a sponsor and key principal in 4 multifamily syndications and a passive investor in about 11 deals totaling ownership in nearly 1,500 doors.

Connect with Paul:

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Show Notes

Obtaining a loan for a multifamily property is beneficial if you have all the necessary documents in place. These documents can help you make your transactions smooth and easy. In this episode, Paul Winterowd shares his knowledge on what to be ready for regarding getting a loan.

WHAT YOU’LL LEARN FROM THIS EPISODE:

  • Importance of an Organizational Chart and Personal financial statements
  • Scheduling of real estate owned documents and bio/resume
  • Importance of separating emotions in doing investments
  • Importance of having a good credit score and credit report 
  • Benefits of having and keeping records of tax returns,  Rent Roll, profit-and-loss statements, budget, and Pro-forma documents
  • Importance of knowing who your team or supporting cast is

ABOUT PAUL WINTEROWD:

Paul Winterowd (pronounced Winter Road) is a Capital Advisor with Bonneville Multifamily Capital, based in Salt Lake City, UT. He specializes in multifamily lending and has sourced debt for new construction, bridge, and stabilized products across a number of different loan programs and lenders. He has earned the CCIM designation and is also a multifamily investor having been a sponsor and key principal in 4 multifamily syndications and a passive investor in about 11 deals totaling ownership in nearly 1,500 doors.

Connect with Paul:

CONNECT WITH US: