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Updated about 4 years ago,

User Stats

10
Posts
1
Votes
Ryan Prichard
Agent
  • Real Estate Agent
  • Grand Rapids
1
Votes |
10
Posts

130+ Unit Purchase / Lending Help Needed

Ryan Prichard
Agent
  • Real Estate Agent
  • Grand Rapids
Posted

Hey BP Nation.

I'm looking to purchase into this asset class and need help landing the remaining $4.3 mil of a $12 million deal. $7.7 million is required to be an assumed mortgage or seller cannot sell. (They can but adds a $1.2 million pre-payment penalty from lender). I'm looking to Bigger Pockets for suggestions on how to secure the remaining amount. I'm an avid listen to BP podcast. I send requests into hard money lenders. What else do you suggest? Do I pull in partners (I have a few) or seek private money? 

All help is appreciated!

-Ryan

  • Ryan Prichard
business profile image
Blue Beacon Brokerage
5.0 stars
53 Reviews

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