Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 over 1 year ago,

User Stats

22
Posts
5
Votes
David Wasiloski
  • West Chester, PA
5
Votes |
22
Posts

Financing 25 unit complex

David Wasiloski
  • West Chester, PA
Posted

I found a 25 unit property in Louisiana that cash flows well but it needs some updating.  Asking 1.2mil.  I can cover 20% down but is anyone aware of a product/lender where I can put down 15% or 10%?  I would prefer to put less down and start cleaning up this property right away.   I don’t have all the answered but I’m here and open to ideas……

Owner financing is not an option.  I don’t own any like properties but have been a landlord for the last 10years. My credit hovers around 800

monthy income is 16k

P&I - TBD

Monthly expenses(taxes, trash, insurance ect.) estimated to be 1700.

Loading replies...