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I submitted a loan request for a multi family project structured with 30% down. I was contacted back and the lender said the deal was doable but that I would need a partner with multifamily experience. I structured the project with 30 down over 3 million and noi after mortgage and expenditures of 127,000+ /year and 457,000 cash on hand after close with another 6 months reserves all expenditures. My credit not so bright and would be my first deal. Can someone advice me of how I can get a deal like this closed or where I may be able to find a partner with experience to close deals of this kind. I am willing to do a reasonable split my investment of moneys to close down payments closing cost etc. in exchange for the help mentoring and partnership to get these deals moving forward. Your help and assistance would be greatly appreciated. Gerald West 214 554 8969 or 719 888 WEST(9378)////////////email@example.com
LOAN OFFER / ALSO WORK WITH BROKERS.
The opportunity is here for you to get what you have been looking for, the development and growth of the economy depends on investment and all business/startup needs funding to expand. It is time to move forward and establish. Rodrigo Santana Financial Investment Company is out to help investors, entrepreneur, individuals and companies get the funding they need to establish. We invest on properties/business and also offer all loan to interested persons from any country. If you are interested in a loan or have anyone who need or need investor, do contact us through this email address and we are here to help you get what you need. WE ALSO WORK WITH BROKERS WHO HAS CLIENTS THAT NEED LOAN.
HIRE or Prepare the BIO within the Summary or YOUR Purchase Plan of that Executive with experience
CERT. Property Manager ** or CPM ( call larger MF to hire P T or look at Indeed or other job site) Interview about 3 or 9 and find that ONE willing to start once you purchase ( the reason to begin with a PT person or Consultant with that CPM ) that experience allows you to reduce the RISKS for lenders to LOAN MONEY based on your plans.
Look for long term DEBT options cheaper interest with a STONG FICO ( fix your score) you need a 680 or higher and Debt Service Ratio of 1.25 or stronger.
Have a SMOOTH Deal Flow : )