Real Estate Syndicators

[Vante Jay]

Hello all !!

I’ve been looking into Real Estate Syndicating for some time now since I’ve been reading up on it and been practicing making fake deals from LoopNet and Crexi I’ve came a cross a problem with my research and can’t seem to find it .. if an apt complex needs renovating and is completely vacant .. how are you able to pay the mortgage ? I was thinking asking more from the investors to cover the first few months until we can get the property up and running but what other solutions are there or creative ways to make mortgage ?

[Charles Carillo]

@Vante Jay

If a complex required a large amount of renovation (an unstabilized property); the loan you get would not be a typical Fannie/Freddie loan but most likely a bridge loan. It is not uncommon for these loans to have a period with no payments; 12 months or so.