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Updated over 11 years ago,
Is it possible to invest in large apartment complexes (100+ units) using other people's money?
Hey everyone! So yea my question is pretty straight forward. I want to get into multifamily, but I don't have cash to start with. I hear about (and see, I've recently jumped in full-time into REI) hard money and private lending funding rehab deals all the time, but I haven't heard anything on how to utilize them for rental properties.
How does it work in terms of your investors? How do you pay them out, when rental property have a long term ROI? Is it even possible? Thanks!