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Updated over 5 years ago,
Structuring a multi family deal
I’m looking to structure my first multi family deal (only 4-6 units) and fill in the gaps where I come up short. If anyone has any advice that would be great.
Scenario: most of the lenders I'm speaking with require anywhere from 10-25% down on the acquisition and of course they'll cover the rest. If there's some sort of partnership with an individual who has more experience then the leverage increases. I don't have the capital or the experience but I do have relationships, time, a strong credit partner within my LLC and hustle.
I just need to understand with what I bring to the table can anyone explain how to structure a deal to get it to the closing table and get whoever is involved paid on time.