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Updated about 7 years ago,
Syndication or Partnership?
Greetings BP Community!
There is a 21-unit apartment building that is for sale in my area. The owner is willing to do Seller Financing with $200,000 down. The problem is my husband and I don't have $200,000 cash (banks want around the same amount for the down payment and closing costs). I haven't put in an offer yet because I don't want to waste the seller's and our time if we cannot even secure the financing for the acquisition.
To raise the funds/obtain the property, would it be best to form a syndication or a partnership?
Thanks in Advance! :)