Updated about 4 years ago on . Most recent reply
Real estate investments
Is it possible to get started capital in commercial real estate/ multi family properties without experience?? I’ve been looking at a few duplexes, quadruplex, mixed use, and smaller apartments I.e under 50 units, and I was wondering if it’s possible to find start up capital and how that process works? On google, I’ve seen private lenders, hard money, and business loans, but none of those searches ever lead to anything more then unwanted text about refinancing.
Thank you,
Most Popular Reply
Partnerships are a great way to scale into larger deals quicker. There are several ways to structure partnerships. You can do a JV model where you and another person (or a few other people) split the equity. There is also the route of syndication. The syndication model involves raising capital from LP investors. It is possible to scale into larger deals without years of experience. My first deal was a duplex then one year later closed on an 89 unit deal. Syndicating deals requires a lot of work and knowledge but is definitely doable.