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Updated about 8 years ago,
20 year old Entrepreneur. Who should I approach for Financing?
I've contracted with an architect to design the prefabricated/modular high rise, and will have it overlooked by a team of civil engineers.
My next steps would be to submit the proposals to city officials/zoning. I've ran the numbers at a potential (12 - 18% Cap Rate).
Due to my age and lack of a 30% down payment, bank loans are a no.
Along with my financing question, could someone give me the simplified steps of the development process for a multi-unit building all the way from conceptual design to groundbreaking?
Thank you,
Viante Fruit