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Updated over 5 years ago on . Most recent reply presented by

User Stats

6
Posts
1
Votes
Michael Aragon
  • Flipper/Rehabber
  • Tampa Bay Area, FL
1
Votes |
6
Posts

Building capital for Multifamily

Michael Aragon
  • Flipper/Rehabber
  • Tampa Bay Area, FL
Posted

Hey everyone. Newer investor here. At what point do I need to use a 503b when building capital for a Multifamily property. My partner and I are looking to take down a value add 8-20 unit and will need to build some additional capital. Thanks

Most Popular Reply

User Stats

174
Posts
185
Votes
Jenni Ellis
  • Property Manager
185
Votes |
174
Posts
Jenni Ellis
  • Property Manager
Replied

If you are looking to bring in additional investors, I would recommend talking to an SEC real estate attorney. I would also highly recommend getting the book "Best Ever Apartment Syndication Book" written by Joe Fairless. It goes into great detail about the steps you need to take and who you need on your team. 

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