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Updated almost 6 years ago,
Taking Action-Jump in or taking steps
Afternoon BP,
After all the educating, book readings and conversations I am ready to take action but I am stuck in a dilemma. I have reached out to several people I have personally met and trust based upon their experience. My question is I wanted to start in small units less than 50, I found a group that would sign a non-recourse Freddie Mac loan for a fee of course but now stuck at finding investors. Scenario 1
Second I am looking at an owner financing complete rehab it needs a gut job, I am not a contractor it seems like a lot of work so I am focusing on a stable asset. So my question is, what are some ways to fund the down payment and other cost associated with buying apartment units. It would only be about 20 - 25% needed. All suggestion would be greatly appreciated.