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Multi-Family and Apartment Investing

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9
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2
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William Dorrough
2
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9
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309
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150
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AJ Exner
Pro Member
  • Lender
  • Springfield, MO
150
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309
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AJ Exner
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  • Lender
  • Springfield, MO
Replied Jan 9 2024, 12:22

Hey William,

Is it a 140 unit property that you are needing financing for, or 140 unit portfolio? 

And is it located in NY?

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9
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William Dorrough
2
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9
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William Dorrough
Replied Jan 9 2024, 12:26

yes its a 260 unit complex in saratoga ny but the property is 2 phases phase one is almost ready for perm 

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552
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Marty Johnston
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  • Lender
  • Wauwatosa, WI
193
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552
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Marty Johnston
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  • Lender
  • Wauwatosa, WI
Replied Jan 26 2024, 19:31
Quote from @William Dorrough:

yes its a 260 unit complex in saratoga ny but the property is 2 phases phase one is almost ready for perm 


 William,

You may have already secured this funding, but there are a number of options for you here depending on location. "almost ready" is great timing to start working on quotes. How 'close' are you on getting close to that 80-90% occupancy at the moment?

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233
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Chad Davis
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  • Lender
  • Richmond VA
27
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233
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Chad Davis
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  • Lender
  • Richmond VA
Replied Feb 4 2024, 12:40

@William Dorrough Did you secure financing? Happy to take a look.

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Timothy Hero
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  • Lender
  • United States
435
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Timothy Hero
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  • Lender
  • United States
Replied Feb 5 2024, 03:25

Any updates?