Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

281
Posts
128
Votes
Stephen Jones
  • Rental Property Investor
  • Illinois
128
Votes |
281
Posts

How do I complete this 19 unit deal

Stephen Jones
  • Rental Property Investor
  • Illinois
Posted

Bigger Pockets family,

I have a 20 unit deal on the table. A+ location, decent cash flow, a lot of capital improvements, simply just a great asset to acquire. The asking price on the property is 1.6 mil. My bank is making put down 15%. I can get the 160k to put down to make it 10%. My problem and my question is, does anyone have any advice on some creative ways to where I can pull the other 5% from? 

I currently have 38 other multifamily units, but do have a few of them leveraged. FYI.

Any ideas would be great! Thanks. 

Most Popular Reply

User Stats

3,034
Posts
2,022
Votes
Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
2,022
Votes |
3,034
Posts
Brian Garrett
  • Real Estate Investor
  • Palm Beach County, FL
Replied

The easiest would either be a private money partner or to use some equity from your current portfolio.

Loading replies...