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Updated over 4 years ago on .

User Stats

37
Posts
8
Votes
Jairus King
  • Professional
  • Fredericksburg, VA
8
Votes |
37
Posts

Hunting Money for Package properties?

Jairus King
  • Professional
  • Fredericksburg, VA
Posted

Good morning all,

I have a few properties to date and continue to acquire at a steady pace, although COVID impacted me. Had a question for savvy investors. I have heard of other investors basically starting with zero properties and then landing a deal with multi-properties from another investor. Soooo Here is were I am kinda "feeling" my way around. I do often get brought multi-deals from guys and gals that are retiring and want to cash-out. Some of these deals are wayyyy big, but I figure if you get the money - leverage the deal. So the question is..... Are there any true success stories on who specializes in these types of deals?

I have started engaging my typical local bank that has handled a few of my transactions and then kinda moved to my private money guys. Am I going about this in the right way or is it kinda a pipe dream to entertain these large portfolio transactions? We are sometimes talking 15-60 properties at a time.  500-1 mil in aquisitions.