Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago,

User Stats

112
Posts
10
Votes
Kyle D.
  • Flipper/Rehabber
  • New Port Richey
10
Votes |
112
Posts

Down payment

Kyle D.
  • Flipper/Rehabber
  • New Port Richey
Posted

Lets say i want to buy a 100 unit and i can get it for four million. It makes 400k a year after expenses and the rent is low for the market area. I would raise the rents and reduce the unseciary expenses and i'm thinking it could do 500k a year. My only problem is the down payment it would require a 20% down payment which would be $800k. I dont have 800k so what would i do? How would i get the 800k i needed? Would private investers be the way to go? And also can you ask them to take 15% or 10% down?

Loading replies...