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Updated over 5 years ago,
2nd investment property
Hey everyone!! We currently own a single family in our local town and have been looking at some multi families to purchase. I have some private money raised from family that they are going to lend for us to invest however it’s not the full amount of the purchase price. How do you guys suggest we structure this deal? In terms of funding the rest of the funding needed to purchase the multi, would it be suggested to go to a bank for a loan for the rest? Or what would be other options to raise the funds?