All Forum Posts by: Sasha Friedman

Thank you all for your thoughtful responses. For those who asked what I'm bringing to the table, it is my time and my knowledge. I found the deal, analyzed the deal, made sure it was cashflowing and stable, found comps, etc. Yes, I will be hiring a management company. If you are a hard money lender and are interested in a 12% return on a 2nd, please contact me with your terms, limits, etc. Thank you.  

I'm looking to make an offer on an apartment building. I don't have the money for a down payment ($900k). Where would I go to find investors? The return would be 12%. I tried calling a hard money lender, who told me that I would need "skin in the game" - at least 20%, which I can't do at this point. 

I would also need a sponsor for the credit (700+ FICO). Thank you!