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Updated over 6 years ago on . Most recent reply

How to structure a multi famil deal
I am putting together my first multi family deal
I need advise how to structure the deal with investors.
I am bank fInancIng 75%
I wIll be putting down 6.25 cash and I wIll be brIngIng In 3 more Investors who bring 6.25% each
Any advice on what’s a fair way to structure the profit sharing
Most Popular Reply

I see, so if you are the only one on the loan, you will need to season the funds to close for at least one month, Freddie will allow just 1 month bank statement where Fannie requires 2 months. On an investment property funds to close can only come from the borrowers and gifts are not allowed, so you will not be able to use the funds from your partners unless you deposit them in a joint account and season them