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Updated about 10 years ago, 10/27/2014

Account Closed
  • Houston, TX
5
Votes |
32
Posts

SF TO MF

Account Closed
  • Houston, TX
Posted

Hey everyone,

Im looking into making the transition from SF rehabs to cash flowing apartments.

My question is, without the required net worth or liquid cash available, how does one get around to obtaining a loan on property. 

I.E The property is 50 units at 22k a door. 

At 1.1 million if I were to put down 30% cash 330,000. 

What is the best strategy for obtaining the rest in financing?

Thanks for you responses.

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