How To Finance Apartment Deals? Multifamily Investing in 2026

Everyone’s waiting for interest rates to drop. Meanwhile, some real estate investors are still finding ways to finance multimillion dollar deals. So what do they know that others don't? In Episode 26 of Let's Buy The World, Evan Darnell sits down with Carl Pankratz, owner of Black Acre Commercial and a commercial real estate lending expert with 20 years of experience, for an inside look at how money really moves in the commercial real estate industry. After helping Evan secure financing that local lenders couldn't come close to matching, Carl breaks down the lending strategies that can make or break a major real estate investment. From a recent multifamily refinance with a 5.25% interest rate to the advantages of HUD loans, Fannie Mae, Freddie Mac, and non recourse financing, this conversation reveals how experienced investors navigate lending requirements, leverage, and changing market conditions. But the conversation goes much deeper than financing. Why hasn't the predicted multifamily real estate crash happened? Are older apartment buildings becoming harder to finance? And could smaller markets like Amarillo and Lubbock offer better investment opportunities than major cities? Evan and Carl explore the answers while discussing costly investment mistakes, the importance of liquidity, what lenders actually look for and how inflation, global economic developments, and interest rates are influencing commercial real estate. Whether you're preparing to purchase your first apartment building, expanding your real estate portfolio, or looking for smarter ways to finance your next multimillion dollar investment, this episode delivers valuable insights from someone working directly in the commercial lending industry. The opportunities are still out there. The question is whether you know how to recognize them, finance them, and make the numbers work. 🎧 Tune in to Episode 26 of Let's Buy The World with Evan Darnell and Carl Pankratz.