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 about 7 years ago on . Most recent reply

User Stats

122
Posts
33
Votes
Fahima Hilal
  • Real Estate Agent
  • rutherford, NJ
33
Votes |
122
Posts

Need financing for a multifamily in Paterson

Fahima Hilal
  • Real Estate Agent
  • rutherford, NJ
Posted

My brother and I would like to partner in a multifamily in Paterson. The scene is this: My brother is paying full cash for his portion. He does not have a long credit history as he deals mostly in cash. I would like to partner with him and take a loan for my portion, essentially making it a no-money-down deal for me as the down will be coming from my brother. 

 It will not help if a lender checks his credit in addition to mine, as his credit is going to be low. Any ideas on how I can make this work -who to approach etc?

Loading replies...