Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 almost 8 years ago on . Most recent reply

User Stats

30
Posts
7
Votes
AL Brown
  • Investor
  • Lake Worth, FL
7
Votes |
30
Posts

Multi-family and apartment funding purchase

AL Brown
  • Investor
  • Lake Worth, FL
Posted

I would say I'm fairly still a newbie investor. Its just been little over a year and I have managed to acquire 4 units (2 SFH and a Duplex). I think I'm also seasoned enough to take the leap of faith and embark upon my next acquisition which is an apartment complex with 25++ units. I have done extensive research, reading and podcast viewing by biggerpockets among others etc as it relates to gearing before, during and after acquiring one. I have a few silent partners/investors who are willing to put in on the deal for down payment for a decent % return. My questions is has anyone used Sofi for a major purchase besides hard money lender/institution or conventional bank? I am seeing sofi offering loans up to 3M with as little as 10% down and options of interest only loans.

Loading replies...