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Updated about 8 years ago,

James Maness's profile image
James Maness's profile image
James Maness
  • Investor
  • from Baton Rouge, LA
  • Member since Dec 30, 2015
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User Stats

58
Posts
7
Votes
James Maness's profile image
James Maness's profile image
James Maness
  • Investor
  • from Baton Rouge, LA
  • Member since Dec 30, 2015
Connect
James Maness
  • Investor
  • Baton Rouge, LA
7
Votes |
58
Posts
Multi-Family and Apartment Investing

Financing

James Maness
  • Investor
  • Baton Rouge, LA
Posted

I am looking at a 44 unit complex with a NOI of about $287k prior to debt service. Historical occupancy rate of 93% (last 5 years). My salary is in the 200k range. Credit score 790. I currently have 2 SFH I use as rentals. I have not made an offer, but I was looking at $2.7MM. I believe I can get the financing, but an having trouble getting the downpayment. Ideas?

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