The arrangement initially seemed straightforward: they set up an LLC for the property, moved the property into the entity, and planned to share the proceeds.

I'm a 29 yr old saving up for my first property and am torm on where to start.

Our private equity approach combines sophisticated underwriting and due diligence with executional excellence.Project Details:Location: Toronto, OntarioProperty Type: New construction fourplexBuilding Specs: 3-storey, 8,181 sf including 1,636 sf below gradeEquity Required: $1.2M CADProjected Equity Multiple: 1.43xTimeline: Estimated 24 months to full lease-up and NOI stabilizationExit Strategy: Sale upon construction completionTiming:We are closing on the property at the end of March, so there is some urgency to find the right investment partners.Who We're Looking For:Serious investors interested in Toronto's multi-family market who are interested in being part of the solution for the missing middle.

In Spain, this is usually seen more as a barrier as people rather would invest in individual units (less purchase capacity needed), but by rethinking the setup up it matches the criteria of a multi-family deal.

Also, don't take the funds up front, make draws as you go.

Hi Dustin, welcome to the community!

You’re in a solid position, but the challenge here is that your equity is tied up in a property that’s cash flow neutral—which means pulling cash out could push it into negative territory if you’re not careful.A HELOC is the most flexible option, even if you’re planning for long-term investments.

This does not align with buying most buildings in cash.Once you progress in your investing efforts you may come across more UHNW individuals, family offices and institutions who would take the lower return for limiting risk (all cash deal).

Quote from @Chantel Holsather: I am always an advocate if you can fix up a property to make it more marketable, that is really the way to go.

The properties that I own, our vacation rentals that can host large groups.