jhub1976 asked:
Hi there. I’m looking for resources for private money lenders for investment real estate. More specifically, I intend on buying a 39 Unit multi-plex. As most banks (especially these days) require 20% down for an investment property I cannot go this route. This in a market that has seen very little impact in the real estate bubble. In fact housing continues to appreciate here (Syracuse, NY) by approx. 4% a year. My goal is to use Syracuse’s largest Real Estate Management firm so as to leave the day to day management to the professionals. It’s a solid investment. At 6% for 15, the ROI is over $400K. I would appreciate any help finding such an investor. Thanks!
Hi there. I’m looking for resources for private money lenders for investment real estate. More specifically, I intend on buying a 39 Unit multi-plex. As most banks (especially these days) require 20% down for an investment property I cannot go this route. This in a market that has seen very little impact in the real estate bubble. In fact housing continues to appreciate here (Syracuse, NY) by approx. 4% a year. My goal is to use Syracuse’s largest Real Estate Management firm so as to leave the day to day management to the professionals. It’s a solid investment. At 6% for 15, the ROI is over $400K. I would appreciate any help finding such an investor. Thanks!
