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
Multi-Family and Apartment Investing
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 6 years ago on . Most recent reply

User Stats

124
Posts
53
Votes
Shmuel Waldman
53
Votes |
124
Posts

How to structure a multi famil deal

Shmuel Waldman
Posted
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

User Stats

352
Posts
147
Votes
Diana Muresan
  • Lender
  • Chicago, IL
147
Votes |
352
Posts
Diana Muresan
  • Lender
  • Chicago, IL
Replied

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

Loading replies...