Funding Options for Large Multifamily Property

[Ryan Mapes]

Seriously considering purchasing a 24 unit apartment complex in central Texas with a couple of other partners (GPs).  Not interested in running a syndication.  We'll need to fund the downpayment and renovation costs (~$1.2M).  I'm curious what sources/types of funding others are using for mid-sized multifamily properties.  What terms/rates are you seeing on each funding source?