Updated almost 8 years ago on . Most recent reply
Financing Strategy and Leverage Advice Sought.
I've hit a bit of a stumbling block and need some help. I am having issues with putting up 20-25% down on an investment for conventional financing. I am looking at multifamily properties with no more than 4 units currently. I've got the cash to put down and don't mind putting it down, but I'm worried about the cash running out and getting stuck in the properties I've purchased. Not to mention the cash is tied up in the market right now and the markets are doing very well. I've considered equity partners and think this might be my best bet. Any place I can go to research this better on how to structure a deal like this? I'd like to be able to do 3-4 deals a year. I need roughly 16-20 doors to be able to walk away from my current job.