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Updated over 4 years ago on . Most recent reply

User Stats

19
Posts
11
Votes
Harry White
  • Vancouver, bc
11
Votes |
19
Posts

Financing in Vancouver

Harry White
  • Vancouver, bc
Posted

Hi all,

Anyone here interested in financing or joint venture in multifamily in Vancouver?  (<4 units)|

I am looking for people who would like to finance or JV a house in the Mount Pleasant area to hold for rental income for a minimum of 5 years.

About me:

Grown portfolio from one to four units in Vancouver, BC in 2 years. Currently live near Fraser and 14th. Originally from South Africa. 

Most Popular Reply

User Stats

40
Posts
16
Votes
Jason D. Lewis
  • Lender
  • Vancouver, BC
16
Votes |
40
Posts
Jason D. Lewis
  • Lender
  • Vancouver, BC
Replied

Hey @Jatinder A.

My first two buys were at 20% which I raised 100% of. I did so by creating presentations for my money people. They focused on why the deal was so good and then providing data to back it up. I paid back all the money in 2.5 years. 

Maybe just easier though to pull out that equity and keep pushing forward. 

Let’s have a chat if you wanna bounce ideas around. 

Jason

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