Hunting Money for Package properties?
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.