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Updated almost 2 years ago,
Advice on raising capital for 22 unit
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.