Raising Capital for a 100 unit complex, confused on something....

[Chris D.]

ok, so i am a little confused on this raising capital for a down payment, maybe someone can explain it to me how it works. There is a 100 unit apartment complex for 6 million. I would have to put down 25%, so I would need 1.5 million when i get a loan.  So my question is, how are you guys structuring theses deals when you raise the 1.5 million from other people.  Do you raise the whole amount (1.5) and take a percentage of ownership? what percentage if im not using any of my own money?  Or are these people giving you money as a loan and just paying them back a % at a whatever length amortization?  (so more or less you are 100% financing this deal).  Or am i totally off and there are other ways of doing this?  I appreciate the input, as i would like to raise capital asap.  Thank you.

Chris