MB284: How to Structure Multifamily Deals to Mitigate Risk – With Andrew Cushman

<p><span style="font-weight: 400;">Even if you choose the right property, the wrong debt can wreck a multifamily deal. So, what can we do to manage shifts in the real estate market? How do we structure deals in a way that mitigates risk?</span></p> <p><span style="font-weight: 400;">Andrew Cushman serves as Principal at</span> <a href="https://www.vpacq.com/" target= "_blank" rel="noopener"><span style="font-weight: 400;">Vantage Point Acquisitions</span></a><span style="font-weight: 400;">, a private equity firm focused on acquiring and repositioning multifamily properties throughout the Southeast US. He left his 9-to-5 as a chemical engineer for real estate in 2007 and built a lucrative house flipping business before finding multifamily in 2011. Since then, Andrew has successfully syndicated more than 2,100 units and launched The Multifamily Accelerator, a mastermind for active and experienced real estate investors.</span></p> <p><span style="font-weight: 400;">On this episode of Financial Freedom with Real Estate Investing, Andrew joins cohost Garrett Lynch and me to explain why he is confident about buying multifamily right now and share what he is doing to maintain deal flow. He offers insight on underwriting to account for a spike in interest rates or a shift in rent growth and shares his secret for finding off-market deals. Listen in as Andrew describes what kind of inflation is good for apartment investors and learn how to structure agency or bridge debt to best manage risk.</span></p> <h3>Key Takeaways<span style="font-weight: 400;"> </span></h3> <p><span style="font-weight: 400;">Why Andrew is confident about buying multifamily right now</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Large, sophisticated groups making offers on small properties</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Right types of inflation benefit multifamily in particular</span></li> </ul> <p><span style="font-weight: 400;">The kind of in