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
Private Lending & Conventional Mortgage Advice
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 3 years ago on . Most recent reply

User Stats

6
Posts
0
Votes
Miranda Dodsen
0
Votes |
6
Posts

Looking into a 100 + apartment and possible parter?

Miranda Dodsen
Posted

I have rental sfr and some multi properties but was thinking that I would like to get into a larger apartment complex, such as 100 units or higher. I had originally thought about selling the properties which would leave me around 2 million cash. Would this be enough to get a hard money lender to help me get a 25% down payment for a large complex around 15-20 million? Or would it be better to sell half and keep half as incoming coming in? I have never borrowed any money from any lenders so I don't know how to scale up from what I currently have. Can anyone guide me where or whom to talk to in terms of buying and creative financing or experiences in dealing with a complex of this nature?

Loading replies...