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233. The State of The Multifamily Market & How We Got Here with JC Castillo & James Eng

Tax Smart Real Estate Investors Podcast

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The Rise of the Bridge Market in 2021

During COVID, the interest rate at your savings account was zero. institutional investors were searching for yield. Real estate guys are smart and they created these huge debt funds where essentially they said, look, you can loan against multifamily and you get 4%, which was a huge increase compared to where it was. The appetite for these bridge lenders was huge. And so they started loaning on everything.

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