Hey everyone, Just curious... How does christian and cody secure financing by rasing capital from partners when the seller is in first position? What if something bad happens to the property at the last minute and then equity transfers to the investors as promised in the operating agreement but then the investors don't have time to make the changes to the property necessary to cashflow and then the seller forecloses on the LLC because the balloon payment deadline is up? My investors are just worried about being given a grenade at the last minute... I have capital partners lined up but this is their question... All answers appreciated, thank you!

I have a deal, it’s a 9 unit, strong cash flow and the owner is willing to hold 15%, how do I go about getting a bank to finance the other 75-80%? Will banks even do this? I still have to come up with 5-10% but I’ve never done this before, If you’ve done this before dm me, I have all the numbers, thanks in advance!!!!!!!!

Location 35-unit multifamily in St. Johns, North Portland, OR Well-maintained, strong rental demand, value-add upside Purchase & Financing Purchase Price: $5.8M Seller Carry: $3.8M @ 5% interest-only, 5–7 yr balloon Private Lender Role (You): $2.0M @ 5% interest-only Sponsor Role (Me): 100% owner/operator, on-site management, deal execution --- Returns (Conservative Projections) Day One (As-Is): NOI: $394,283/yr ($32,857/mo) Payments: Seller $15,833/mo, Lender $8,333/mo Cashflow after debt: ~$4,648/mo Plus mgmt fee: ~$4,041/mo Sponsor Take-Home: ~$8,689/mo Year One (Stabilization): Implement RUBS, parking increases, insurance savings NOI climbs toward ~$420k–$430k DSCR improves to 1.3+ Year Five (Refinance): Stabilized NOI: ~$500,000 Value @ 6% cap: ~$8.3M New loan (75% LTV): ~$6.2M Pay off seller + lender ($5.8M) Sponsor cash-out: ~$400k (tax-free) Post-refi cashflow: ~$12,300/mo --- Roles & Responsibilities Seller: Provides $3.8M financing, collects steady 5% payments, exits at refinance. Lender (You): Contribute $2.0M, receive steady 5% annual return ($100k/yr) secured by real estate, capital repaid in full at refinance. Sponsor (Me): Handle full management, leasing, maintenance, and value-add execution. Build NOI, oversee refinance, and grow equity. --- Exit Strategy Hold 5 years → force appreciation through rent increases & fee income → refinance at $8.3M → pay back seller & lender in full → sponsor retains property long-term with strong cashflow. --- Why it Works Seller gets their price and stable income. Lender earns a clean, secured 5% return. Sponsor builds sweat equity, grows NOI, and positions for long-term ownership. Clear win–win–win alignment.

I am going to look at my first property soon. What should I look for and what questions should I ask?

What does this abbreviation mean on a "Rent Roll with Lease Changes" which was provided by the listing agent. The form includes the market rent, how much a tenant is paying, the garage fee, the lease end date... and a little more. Google was no help. I came up with Tenant BS Birthday. 🤣 Surely that is not correct. 🤷‍♀️