Seeking Private Lender for 25 Unit Deal in the Middle TN Area

[Christopher Reeves]

Hey everyone at BP,

I've received information about a RE Investor who is looking to retire and divest of all of his properties, mostly SFHs, totaling 25 units for $1MM. I've spoken with my lender who is willing to finance the units w/ a Master Promissory Note but my business would need assistance w/ the 20% downpayment. Are there private investors/hard money lenders that are willing to loan the roughly $230K it would take with the intention of profit sharing or receiving equity compensation in my business? The units are all occupied and generate between $12-13K/ month in income. Even if this isn't possible, I would love any ideas as to how to make this deal possible. The numbers look great and seems to be a solid opportunity that I'd hate to pass up due to a lack of financing.

Thank you for your help!

Chris Reeves

T & R Realty