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Updated about 2 years ago,
Syndication/ Raising Capital
Hey BP Members, I have a question for you all!
Lets say I have a property that requires a large downpayment (+ $50,000) and I do not have the funds. The property cashflows +$2,000 and has a 3.55 Cap. What is the proper way to raise the capital without getting in trouble and if I raised the capital for the down payment, what kind of return is fair? Typically, for the smaller deals I have done, I would create a promissory note and offer a 15% ROI. Thank you!