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Updated over 10 years ago on . Most recent reply

User Stats

70
Posts
32
Votes
Will Spruill
  • Seattle, WA
32
Votes |
70
Posts

Financing ideas

Will Spruill
  • Seattle, WA
Posted

I'm looking at a real nice 26 unit apartment complex deal ($2.5 mil) in Seattle that's a great price and very desirable for renters.  I've only invested in smaller purchases 100-200k range; I'd buy this property today if I could come up with financing.  What does a small scale investor owner have to do to move to this level of a purchase?

I've read stories about building a portfolio up and with enough equity, one can purchase something this large.  I'm looking for something more creative and can get me into this type of property for $200k or less.

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