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Private money lending for 39 unit investment property?


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!

I have a lender that can set you up with capital/equity partners if you are interested. Sometimes its the best way to go if you don't have the cash to put in the kitty. I can put you in touch with her...she's great and knows the commercial market very well. She's in Ohio, but she knows her stuff and is a broker so she can shop the best deal for you in terms of interest and term. Let me know.

there are lot of alternative to bank as explained by you.

alternatives are for short duration, higher interest and not comparable with Bank in respect of transparency, pay-out, etc., Knowing well you are going to pay more in short term, if you seek for private money lending, well it is your choice

http://www.ultimaterealestateguideonline...
Search for "thomas kish" at
http://youtube.com/
to see a video of how his system works.
You can buy it for less than 1/2 the price he offers, at eBay.

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