need to raise $50,000 to purchase a 26 unit apartment complex
I am caught in a predicament and am looking for ways to solve it. I have a deal that I have been working on since May and I am getting a little closer to making it happen. We have had to get creative with the deal because I did not have the money to put down a down payment on the place. Without going too deep in to the details of the deal, I need to get about $50,000 of my own money to help make the deal happen. Like I said, I don't have it to put up so my question is "what would be the best way to try to raise the $50,000?" I was thinking the best way was if I could get a personal loan from someone and pay them back plus the interest.
Any ideas or solutions that anyone could think of would be appreciated.