An agent friend had an investor who needed capital How did you finance this deal?

I am a licensed real estate agent, and I am looking to start out creating syndication and am asking if anyone has any advice on how to get started; I see a lot of great deals in my market, but being a beginner investor in multi-family residential I don't have the capital to get things going? 

August 2024 payroll numbers continue to show a resilient job market, despite revisions expected to push the data higher, following a trend seen in previous years.

The purchase was $375,000 and the rest was used for renovations.My cost bases in the building will be around $740,000.I refinanced the building with a $900,000 loan.I have an offer on the building of $1,400,000Total capital gains would be about $660,000So, my question is after selling the property (for easy math) lets say I walk away with $500,000 after paying off the bank loan.

I was watching the market for quite some time.

I am working on rehabbing some smaller cottages in northern Michigan, the plan is to put them all on the STR market once they are complete. 

with a Capital....

If I had to estimate I would say the winning bids we're maybe about 10% less than the market value of the homes, but that's just an estimate.  

Hi Everyone,I am looking for advice on the Janesville and Beloit markets in Wisconsin.

Market in a MinuteEast Tennessee home sales increased 5.2% from the previous month, and increased 9.3% from a year ago.The median sale price was $374,950 — up 7.13% from the previous year.Total housing inventory increased from the previous year – up 43.2% from a year ago.Half of the homes sold were under contract in 15 days or less, up from 9 days a year ago.44.61% of homes sold for the asking price or above, with 23.72% selling for more than the asking price. 10.32% sold for at least $10,000 over asking and 4% sold for at least $25,000 over asking.The sale-to-list price ratio decreased from last month to 98% – down from 98.6% a year ago.New construction represented 13.28% of total home sales.If you want to nerd out on the market here I'm always happy to chat.