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Updated almost 4 years ago,
How do I complete this 19 unit deal
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.