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Updated about 4 years ago on . Most recent reply

User Stats

12
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8
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Brian Donahue
  • Rental Property Investor
  • Boston, MA
8
Votes |
12
Posts

Looking for advice on a multi family deal

Brian Donahue
  • Rental Property Investor
  • Boston, MA
Posted

Hey BP, I’m looking to connect with commercial real estate investors. I have a potential deal lined up in central Florida for a 6 unit cash flowing property and I’ll be using private money for a the down payment of approximately $100,000. I’m wondering how you guys usually structure the deal for the down payment with your private money lenders.

I was considering offering just a simple interest 10% annualized return, but am curious what you are all doing.

Thanks

Brian

Most Popular Reply

User Stats

12
Posts
8
Votes
Brian Donahue
  • Rental Property Investor
  • Boston, MA
8
Votes |
12
Posts
Brian Donahue
  • Rental Property Investor
  • Boston, MA
Replied

@Brian Garrett its a 6 unit in Lakeland with decent cash flow. NOI around 45k but room to raise rents which is what i plan on doing

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