All Forum Posts by: John Craig

Hello Scott,

Tried contacting you by phone and text with no response,  the materials I purchased are missing from the apartments you started, any idea where they could be?

John

Thanks for the tips, I have recently gotten lending from a local portfolio bank on a four unit, so it might be worth feeling them out for a much larger project.  I am also going to work harder finding a partner for this type of investment.  Also Hubert great saying at the end, mine is about the same Go Big or Go Home.

I have just started researching a 49 unit apartment complex for sale in my area.  Begin by running the numbers through bigger pockets rent calculations, the property seems to be able to cash flow nicely.  Now moving on to my concern, that is hindering me at the moment.  The property is listed for $1,500,000, I think it might be high asking price I value the property at $1,200,000.  My issue is the down payment for a commercial loan.  Can anybody give me suggestions on ways of getting a 25% down payment for the property.  I currently have 8 rentals and am closing a 4 unit in May, but this type of investment will be my first at this amount.  Thanks for any help.