Updated about 8 years ago on . Most recent reply
Best strategies for raising money to close on multi-family deal
Hey I need some advice on how to raise money to close on a 16 unit deal we have in Bridgeport. We are looking for partners in this deal. We would like them to contribute at least 25k towards taking this down. We expect returns to be around 8% for a five year holding period. Closing date is October 27th. We need partners who are accredited investors (200k in income last two years, or joint income 300k in those two years, OR 1 Million net worth individual or joint, OR extensive experience in investment management, business, and financial matters). Any advice is appreciated!