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Updated over 2 years ago,
Breaking into Large Multifamily
We are looking to break out of the small multifamily market (2-4) and into the large/commercial multifamily world. We are coming off of a great BRRRR project and will have a large sum of money to be looking at redeploying. If anyone knows of a deal or has a contact for a commercial broker that would be amazing. We are looking at property sizes between 5-25 units ideally, as we are wanting to make this deal owned by us and no outside investors. Once we have our feet under us and have learned more of the ropes then we would be looking to bring on investors. We have been doing the casual looking on sites like LoopNet and Crexi, but from what I understand those are the places where deals are put when the brokers go-to people already turned down the deal. Once in great while, we have seen good ones, but they do seem rarities. We would also like to stick with St. Louis at least for our first one as we have a great team set up there now.
Any help would be greatly appreciated and we look forward to talking with you all.