James Eng is the national director of Old Capital, a commercial mortgage broker. In this episode, James discusses the landscape of commercial lending, especially why many investors transitioned from bridge loans to fixed-rate loans over the past few years. He also shares the true purpose of a bridge loan and shares strategies for how investors can approach the refinance process on a bridge loan in 2023.
James Eng | Real Estate Background
- National director of Old Capital
- Portfolio:
- GP and LP positions in over 20 multifamily properties in Texas totaling over 10,000 units
- Based in: Dallas, TX
- Say hi to him at:
- Best Ever Book: The Most Important Thing by Howard Marks
- Greatest Lesson: Make sure you look at the demographics of a market in comparison to the rents you are projecting.
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