Low Rates.

Our rates are low, our application is quick and easy! We can get you clear to close in as little as 10 days!

Trusted By Agents With

Meet Bill Rapp

NMLS ID # NMLS # 228246

William Rapp, based in Houston, TX, US, is currently a Capital Advisor at Medallion Funds, bringing experience from previous roles at eXp Commercial, NEXA Mortgage, Viking Enterprise LLC and Sun Realty - Houston. William Rapp holds a 1997 - 2001 BBA in Finance @ Texas A&M University. With a robust skill set that includes REO, Sellers, SFR, FHA financing, Reverse Mortgages and more, William Rapp contributes valuable insights to the industry.

The Client Experience

Great experience purchasing our first home! Bill was easy to reach and always able to answer any questions or concerns.

Loan Programs Available

Blogs

The Top 5 Mortgage Mistakes to Avoid

Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....

Mortgage Do and

Do not list

Mortgages can be tricky, and it's easy to make mistakes that can end up costing you dearly. That's why we've put together this list....

Tips On How To Improve Your Credit Score

Let's talk about some ways you can improve your credit score! Your credit score is actually a big deal, and it can affect...

šŸ’ø Housing Crisis & CRE: Trump vs. Harris Plans šŸ 

šŸ“Š Election 2024: Key Issues for CRE Investors šŸ’¼

November 04, 2024ā€¢4 min read

šŸ“Š Election 2024: Key Issues for CRE Investors šŸ’¼

šŸ’ø Housing Crisis & CRE: Trump vs. Harris Plans šŸ 

Alright, folks! The big day is almost hereā€”Election Day 2024! No matter who youā€™re rooting for, whether itā€™s former President Donald Trump or Vice President Kamala Harris, this election will have a ripple effect on the commercial real estate world. And if youā€™re in CRE, youā€™re probably asking yourself, ā€œWhat does this mean for my business?ā€ Well, letā€™s dive into the key issues and how this election could shape the industry in the years to come. šŸ‘‡

The Usual Election Year Slowdown? Not This Time! šŸ“‰šŸ¤”

Typically, election years are thought to bring a slowdown in commercial real estate deals, as investors wait to see who wins. But guess what? Data says otherwise! Deals tend to hold steady despite the election buzz. However, 2024 isnā€™t your typical election year. With inflation sticking around, interest rates staying high, and lingering post-pandemic uncertainties, things are different. The usual ā€œwait-and-seeā€ approach? It might just be more like ā€œwait and worryā€ this time around! šŸ˜¬

Economic Policy and CRE: Who Will Lead? šŸ’øšŸ—ļø

Letā€™s be honestā€”CRE is a multitrillion-dollar industry that dances to the beat of economic policy. And the economy is front and center in this election. Both candidates have different views on issues like taxes, interest rates, and trade policies, and these will all play into the health of the CRE market.

Trump is all about deregulation and lowering taxes, which could encourage more CRE investment by easing restrictions and cutting costs for developers. Harris, on the other hand, leans toward incentives, especially for housing, with tax credits and subsidies aimed at addressing affordability. Either way, changes are coming that could shake things up for developers, investors, and property owners alike! šŸ¢šŸ’”

Housing Crisis: Both Candidates Want Change, But Take Different Roads šŸ šŸš§

One of the few things both Trump and Harris agree on? Housing costs need to come down. But their plans to tackle the crisis couldnā€™t be more different. Trumpā€™s approach centers on loosening regulations, particularly around zoning, to spur more single-family home development. Harris is looking to incentivize developers to build affordable housing with tax credits and grants. For CRE, this means the future landscape of housingā€”single-family or multifamilyā€”could look very different depending on who wins. And for those involved in multifamily projects, this is definitely something to watch! šŸ˜ļø

Project 2025: What Does It Mean for CRE? šŸ”®šŸ 

Project 2025 isnā€™t an official Republican platform, but it gives us a glimpse into the direction a Trump administration could take. One big takeaway? It leans heavily into single-family zoning, advocating against expanding multifamily developments. This could be huge for CRE, especially in urban areas where multifamily projects are essential to meet housing demand. Whether this approach will help or hurt is up for debate, but one thing is certain: zoning policies will be in the spotlight. šŸŒ†

Affordability Issues: A Key Issue for Swing States šŸ’µšŸ“Š

Why is housing affordability front and center this election? Because itā€™s affecting voters in critical swing states where rent has become increasingly unaffordable. The average renter in these states is earning 17% less than whatā€™s needed to afford median rent. With housing such a major concern, both candidates will need to address it to win over voters. And for those in CRE, changes in housing policy could translate to shifts in demand, tenant demographics, and rent stability.

So, Whatā€™s Next? šŸ—³ļø

As we head to the polls tomorrow, know that no matter who wins, commercial real estate is in for some changes. The market will continue to evolve, shaped by new policies and economic realities. For now, keep an eye on housing policies, tax changes, and economic plansā€”these will play a massive role in the future of CRE.

So, go vote! And stay tuned, because the future of CRE may look a whole lot different based on the results of Election 2024. Letā€™s get out there and make our voices heard! šŸ’Ŗ

Iā€™m an experienced Commercial Real Estate Mortgage Broker, please feel free to reach me at 281-222-0433.

#Election2024 #CommercialRealEstate #HousingCrisis #CREInvesting #PropertyDevelopment #CREEconomy #Vote2024 #EconomicPolicy #AffordableHousing #FutureOfCRE

https://www.billrapponline.com/

https://medallionfunds.com/bill-rapp/

https://houstoncommercialmortgage.com/

https://findamortgagebroker.com/Profile/WilliamRappJr28883

https://doctorvideo.billrapponline.com/

https://veteransvideo.billrapponline.com/

https://mortgageviking.billrapponline.com/

https://fha203h.billrapponline.com/

https://renovationvideo.billrapponline.com/

https://www.smartbizloans.com/partner/vikingenterprisellc/bill

https://www.fastexpert.com/loan-officer/bill-rapp-95119/

https://billrapponline.com/financingfuturescre-houston-katy

https://www.smartbizloans.com/assist/partner/medallionfunds/bill

https://billrapp.commloan.com/

 

Ā© 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory

Election 2024CRE ImpactCommercial Real EstateTrump vs. Harris Housing PlansReal Estate InvestmentInterest Rates Impact on CREFuture of CREProperty DevelopmentInflation and Real EstateVote 2024
blog author image

Bill Rapp - Commercial & Residential Mortgage Broker

Whether you're a first-time homebuyer, a seasoned investor, or a business owner with ambitious plans, securing the right financing is crucial. At Medallion Funds, we take the guesswork out of mortgages, offering a comprehensive suite of residential and commercial loan options to fit your unique needs. Looking for Your Dream Home? We understand the excitement and challenges of navigating the residential real estate market. Our experienced mortgage brokers will guide you through every step, from pre-qualification to closing. We offer a variety of loan programs to suit your financial situation, including: ā€¢ Fixed-rate mortgages: Offering stability with predictable monthly payments. ā€¢ Adjustable-rate mortgages (ARMs): Providing competitive rates for a set period. ā€¢ FHA loans: Making homeownership accessible with lower down payments. ā€¢ VA loans: Rewarding veterans with attractive rates and flexible terms. Investing in Your Business Future? Growth often requires capital, and we can help you unlock the potential of your commercial property. Our brokers specialize in a wide range of commercial loan options, including: ā€¢ Purchase loans: Financing the acquisition of new buildings or land. ā€¢ Construction loans: Facilitating the development of your project. ā€¢ Refinance loans: Restructuring your existing mortgage for better terms. ā€¢ SBA loans: Providing access to government-backed financing for qualified businesses. The Medallion Funds Difference: We go beyond simply finding a loan. We take the time to understand your goals and develop a personalized strategy. Here's what sets us apart: ā€¢ Expertise: Our brokers have a deep understanding of both residential and commercial lending. ā€¢ Competitive Rates: We leverage our strong lender relationships to secure the best possible terms. ā€¢ Streamlined Process: We handle the paperwork, keeping you informed every step of the way. ā€¢ Exceptional Service: We're committed to providing you with a positive and stress-free experience. Ready to Take the First Step? Contact Medallion Funds today for a free consultation. Let's discuss your financing needs and help you achieve your dreams!

Back to Blog

10 Tips for First-Time Homebuyers

Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....

How To Choose the Right Lender for You

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy

Refinancing youe loan and when to do it

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy

Copyright Ā©2021 | Mortgage Viking Team

Licensed to Do Business | NMLS # 228246


This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright Ā© 2021 | Medallion Funds


Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014

Corporate NMLS NMLS # 1825831 | Company Website: https://medallionfunds.com/bill-rapp/

Copyright Ā©2021 | Mortgage Viking Team Licensed to Do Business | NMLS # 228246

This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply

Corporate | NMLS ID NMLS # 1825831

Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014 https://medallionfunds.com/bill-rapp/