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Updated almost 4 years ago,

User Stats

281
Posts
128
Votes
Stephen Jones
  • Rental Property Investor
  • Illinois
128
Votes |
281
Posts

How do I complete this 19 unit deal

Stephen Jones
  • Rental Property Investor
  • Illinois
Posted

Bigger Pockets family,

I have a 20 unit deal on the table. A+ location, decent cash flow, a lot of capital improvements, simply just a great asset to acquire. The asking price on the property is 1.6 mil. My bank is making put down 15%. I can get the 160k to put down to make it 10%. My problem and my question is, does anyone have any advice on some creative ways to where I can pull the other 5% from? 

I currently have 38 other multifamily units, but do have a few of them leveraged. FYI.

Any ideas would be great! Thanks. 

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