Hi everyone,I’m exploring options to refinance a multifamily apartment property and would love insights from those who’ve recently navigated this process.

We are looking to buy 900 houses across the Southeast from Texas to Alabama.

I'm 53, married with 2 kids less than 17 years old with debt only from purchases on credit cards and my home.

I understand that you borrowed from VCF, but I'm curious if you talked to any local banks/credit unions to comparison shop and if they were competitive?

I thought some others might be interested in reading this article. 

Are you interested in selling the trucking company? 

Quote from @Jack Sarcia: Hey Dennis, solid question! 

Quote from @Mark Conrad: You definitely want professional help before buying in US.

Purchase price: $65,000 Cash invested: $15,000 3 Bed 1 Bath 927sf What made you interested in investing in this type of deal?

Our primary goal is to retain as much equity in our properties as possible while leveraging outside capital to scale faster.Proposed Investment Structure:Investors contribute 30% of the purchase price and 30% of furnishing/rehab costs.Our LLC secures a new purchase loan in its name only, taking on 100% of the debt.This structure allows us to maintain 70% ownership of the property.Properties will be actively managed to maximize returns, likely achieving higher upside than long-term rentals.Proposed Compensation for Investors:6% preferred return annually.After the preferred return is met, profits are split 75/25 (with investors receiving 75% of profits on their portion of ownership).Profit Calculation:Revenue – Operating ExpensesExcludes mortgage principal & interest, as our LLC assumes full responsibility for the loan.Looking for Feedback:Is this structure fair and attractive to investors while ensuring long-term alignment?