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Jim Wiegandt

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SANTA ANA, CA—Cash flow, location and leverage are the three main factors which should be considered when looking to finance or purchase multifamily properties, says Jim Wiegandt, executive vice president and head of Real Estate Banking at the Banc of California.

“These factors can either help or hurt you,” he tells GlobeSt.com, depending on how they are used.

Cash Flow

When considering multifamily or any other commercial real estate purchases, buyers have to look at the cash flow and appreciation possibilities. They are either considering buying a turnkey project that is stabilized with consistent income or a property that needs improvement and needs to be repositioned with streamlined operations so the property’s performance can improve, Wiegandt says.

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