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Updated almost 6 years ago,
How many persons should I try to bring in to this deal?
I recently came across a 16 unit multifamily complex that has some pretty attractive qualities. I am extremely interested in pursuing this property, but I have little capital until I graduate and start working in May. The property is listed at $977k, so I'm not sure if I would be able to find a single person to partner with who could provide the down payment. Would I be able to structure the deal with a lawyer where I could bring multiple (2 or 3) investors in to this deal? I appreciate any advice you seasoned investors can offer me.