Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
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 5 years ago on . Most recent reply

User Stats

285
Posts
137
Votes
Stephen Jones
  • Rental Property Investor
  • Illinois
137
Votes |
285
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. 

Loading replies...