I am looking at a 16 unit complex 100% occupied for over a year. He is asking $690,000.00 he will finance $600,000.00 and I need to somehow come up with the other $90,000.00 but with horrible credit! I am afraid I will lose this deal! It brings in $7000 a month in rents $3400 in pos. Cashflow! Any ideas on how to work this deal would be appreciated or what I can do to get a 2nd for the $90,000!
Thanks a bunch!!!