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Updated about 8 years ago,

User Stats

3
Posts
1
Votes
Viante Fruit
  • Cleveland, OH
1
Votes |
3
Posts

20 year old Entrepreneur. Who should I approach for Financing?

Viante Fruit
  • Cleveland, OH
Posted
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

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