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Updated over 5 years ago on . Most recent reply

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9
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2
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Pete Fiorini
2
Votes |
9
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Strategy for financing a 20 unit property

Pete Fiorini
Posted

I have done several flips and now trying more buy and hold multifamilies. Own 2 multis. Now looking at a bigger 20 unit multi but do not want to tie up several 100k in cash or equity.

Wondering if anyone has any other methods. The property is listed for 2.5mil. Union County NJ.

Most Popular Reply

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31
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25
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David Danforth
  • Rental Property Investor
  • Elk Grove Village, IL
25
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31
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David Danforth
  • Rental Property Investor
  • Elk Grove Village, IL
Replied

If you decide to raise private money a good place to network will be your local REIA meetings. If you live near a urban center (I noticed the Union County, NJ reference) there will be at least a few REIA events, & maybe even some that is strictly for multi-family investors. I find the meetup.com is a good source.

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