Large portfolio purchase funding
I have been working to sell a large portfolio of 49 properties & 52 units in upstate NY that are fully occupied and stable. The portfolio LLC is owned by a bank and has management in place. With the offers that have come in I'm starting to think I am crazy to not just purchase this myself. It is 52 units with a net of over $273,000 a year. The bank is willing to finance the deal with 20% down. So here is where my question comes in, what is the best way to get funding for the down payment which will be around $360,000.