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Updated about 4 years ago on . Most recent reply

Looking for advice on a multi family deal
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

@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