Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Classifieds
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

User Stats

77
Posts
18
Votes
Wayne Mack
  • Investor
  • Paterson, NJ
18
Votes |
77
Posts

$200,000 For Debt/Equity - 8-20% Returns

Wayne Mack
  • Investor
  • Paterson, NJ
Posted

Hi Everyone,

A Client of mine owns a 4 unit property here in North Jersey. The building is in downtown Newark and houses a business in which the owners of the building own as well.

The partners are seeking $200,000 for a total renovation project for the entire building.

The team has also just secured an advertising contract with a major business for building signage grossing $20,000-$40,000 monthly.

We are still negotiating whether this will be a debt or an equity position. Either way, returns should be between 8-20% depending on negotiations

Offering

Loading replies...