Anyone have any creative financing ideas?

Step 1: Ensure you can get financing (is it a cash purchase or will you need a loan). 

How did you finance this deal?

Off market and the new the owner used an agent so I reached out to the agent and made an offer How did you finance this deal?

As real estate professionals, we know that international transactions come with unique challenges-different laws, cultural expectations, financing hurdles, and currency exchange factors.

If you don’t have a clear understanding of your cash flow, operating costs, and future expenses, you could be setting yourself up for financial stress down the road.The Power of Financial ClarityYou can’t make smart decisions without knowing the full picture of your finances.

Ask me privately.Financial Highlights- Gross Potential Rent: $98,061 per month ($1,176,732 annually)- Total Income (5/1/2023-4/30/2024): $1,357,459.80- Net Operating Income: $896,896.09- Existing assumable loan: $6.7M at 5.38% fixed rate until 2029Value-Add Opportunity- Partially renovated property with potential for further upgrades- Current loss-to-lease suggests room for rent growth- Opportunity to implement operational efficienciesMarket Dynamics- Huntsville's population grew 9.4% between 2020 and 2023- Strong job growth, particularly in aerospace and defense sectors- Significant multifamily supply growth (15.9% inventory expansion in past year)Investment Strategy- Assume existing favorable financing- Implement value-add renovations to drive rent growth- Capitalize on Huntsville's robust economic expansion- Target hold period: 3-5 years to align with loan maturityRisks and Considerations- High market-wide vacancy rate (17%) due to recent supply growth- Potential for market softening due to rapid inventory expansion- Property age may require significant capital expendituresThis opportunity offers a blend of stable cash flow from the existing operations and upside potential through strategic improvements, all underpinned by Huntsville’s strong economic fundamentals.ⓘ This is not an offer, solicitation of an offer, to buy or sell securities.

I’ve often seen 5 units sell for the same or less than 4 units because there are less buyers and the financing is worse.

Weeks before closing Blue Metrix Group reached out and said they were struggling with the financing for the second park and they asked would we owner finance. 

The only other option would be to get a coborrower to bring the down payment or get seller financing with a lower down payment.