Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago on . Most recent reply

User Stats

32
Posts
6
Votes

Advice on raising capital for 22 unit

Posted

Have a property with a lot of potential. 

100% occupied 22 units 

storage facility

laundromat 

under market rents (haven't been raised in 10 years) 

needs work est. 150k but not all needs to be done right away. 

I'm big on creative financing, seller is willing to finance but wants 20% down on 2 million.

I'm starting to reach out to my circle a couple interested but way short of my goal. Looking to get into RE groups to network more but the deal is real good. High cash flow and equity and multiple income property.

looking to get advice on how to raise money to help with this deal without putting any of my own money in. 

Most Popular Reply

User Stats

15
Posts
6
Votes
Replied

water Submetering system for your property, help increase the noi and reduce the water consumption by 25%-30% monthly.  Having a system in place will increase value as well, it pays for itself over time and not a huge financial obligation.  I can help you with this if interested. 

Loading replies...