- Joined
- Oct 17, 2007
- Messages
- 295
Hello
I already have a couple of 12-suite apartments and am looking at taking my portfolio to that next level. The issue I am finding is not with investors, but with investors that have enough money. Dependent on where you are investing, the bank is generally requiring several hundred thousand dollars down.
I am having no problem finding investors for around $100,000 each. How would you suggest I structure a venture where I have multiple investors? What would you suggest I take for my part of the project (assuming I am in for zero cash)?
I think I could get as many as 10 investors at 100grand each and would like some advice on how to move forward. The exit strategy would also certainly be an issue with that many investors.
Mark
I already have a couple of 12-suite apartments and am looking at taking my portfolio to that next level. The issue I am finding is not with investors, but with investors that have enough money. Dependent on where you are investing, the bank is generally requiring several hundred thousand dollars down.
I am having no problem finding investors for around $100,000 each. How would you suggest I structure a venture where I have multiple investors? What would you suggest I take for my part of the project (assuming I am in for zero cash)?
I think I could get as many as 10 investors at 100grand each and would like some advice on how to move forward. The exit strategy would also certainly be an issue with that many investors.
Mark