David Frasz is a Director and commercial loan originator for a leading national CRE lender. His role involves managing relationships and originating commercial loans for various asset types, with a focus on direct originations of multifamily financing including Fannie Mae, Freddie Mac, FHA/HUD, and bridge loans. He strives to establish lasting and trusting relationships with his clients and to help them reach their investment objectives with a personalized and high-quality financing service.
With nearly ten years of experience in multifamily finance and has earned a reputation for his dedication to client service and his ability to close even the most challenging loan transactions that others deem impossible.His honed skills as an underwriter, where he closed loans worth more than $1 billion and supervised the screening of more than $9 billion in transaction volume.
Come join us and listen in!
[00:00 - 12:51]
• We welcome David Frasz to the show. And how we met a Him and mentored us.
• David and his background on how he started investing in real estate.
• How David specialized on originating loans?
• Different aspects of underwriting and discovering those are important
• Knowing that every decision you make with the financing is going to come with trade-off.
• Hearing about loan product somewhere does mean that it may or may not work for you unless you do that with a professional.
[12:53 - 21:03]
• Why most deals fall apart?
• The quote you're going to get is only as good as the information you provide.
• As an operator you must put a lot of effort in financing a property seasoned or not you must.
• It is beneficial to cooperate with an underwriting originator, otherwise the deal might turn against you.
[21:12 - 32:40]
• How David creativity shines on his questions on the deals that we sent him?
• Helping clients to figure out what you need to ask the seller for.
• David on the convenience fee package little nuggets that could help your property.
• Getting additional income sources for the property and how it makes a difference.
[32:42 - 47:01]
• Asking David Frasz the Adventurous Four
Tweetable Quotes:
"Every decision you make with the financing is going to come with trade-offs. "
"The quote you're going to get is only as good as the information you provide."
- David Frasz
Connect with David Frasz
https://www.linkedin.com/in/davidfrasz/
https://www.instagram.com/david.frasz/?hl=en
Email - david.frasz@lument.com
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