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Updated over 4 years ago,
How can we obtain financing for an Apartment Complex
How can we obtain financing for a 28 Unit Apartment complex? The seller is asking 900k and we currently have @ 1.5 million in investment portfolio with about 250k in equity. The equity is spread out and we would have to sell several properties to get the requisite 20% to 25% down payment. Do you guys know of other options or strategies. We would prefer not to sell our current properties.