Underwriting major Rehab of 90 Units

[Ryan Terrell]

I currently have an opportunity to purchase 96 multifamily units, 16 of which are newly renovated leaving 80 that need MAJOR rehab. We are talking full gut to the studs rehab.  I am a General Contractor and I am comfortable with the construction side of things, but this deal is quite a bit larger than my other investments I've made in the past. So the problems or roadblocks that come with properties of this magnitude I am unaware of.

 I am looking to connect with someone, that either can affirm my thoughts and underwriting or poke holes in it, that has experience in deals of this size.  We are looking to scale into larger projects so though this is the current deal I am looking at we seek to have more opportunities of this size come across our desk. With that said I am also looking for financing partners that have experience in these types of deals as well as any other people that feel like they could offer guidance. I feel like I am at the point where "you don't know what you don't know". Looking forward to any input you guys may have on the matter. Thanks