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Home Forums Closed Forums Buying and Selling RE Extremely Motivated Young Individual Seeks Mentor/Partner: Commercial Residential

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  • Funding such a purchase is difficult.
  • Expect to have at a minimum, 20% of total purchase costs for multi-family dwelling – est cost of approx 200k/unit. Costs vary per location from 120K to 360K (excluding some outliers). This means for a 5 unit, expect $1Mil min (20% = 200K), with 50% partnership – you better have $100K minimum to bring to the table.
  • Background in sales will not cut it for RE investing.
  • Expecting to be the ‘person in charge‘ when not fronting money or experience, other than ‘sales’ is being completely delusional. If I am a RE investor, why should I partner with you if all you bring to the table is sales.. and I have the money and experience?
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Viewing 15 posts - 31 through 45 (of 101 total)
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