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Updated over 8 years ago on . Most recent reply

Kemdrick Jones's profile image
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Kemdrick Jones
  • Real Estate Investor
  • from Atlanta, GA
  • Member since Jun 21, 2012
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Kemdrick Jones's profile image
Kemdrick Jones's profile image
Kemdrick Jones
  • Real Estate Investor
  • from Atlanta, GA
  • Member since Jun 21, 2012
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Kemdrick Jones
  • Real Estate Investor
  • Atlanta, GA
10
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17
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Multi-Family and Apartment Investing

1st Multi-Family & Funding

Kemdrick Jones
  • Real Estate Investor
  • Atlanta, GA
Posted

I am looking for a new multi-family investor friendly funding source for a 28 unit 83% occupied student apartment complex. I prefer a local source but I'm flexible in that area. Cap is said to be 14%. Collect monthly rent is around 9k. I'll walk the property in the next couple of days. 

Suggestions?

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Salvatore Lentini's profile image
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Salvatore Lentini
  • Rental Property Investor
  • from Doylestown, PA
  • Member since Jul 7, 2008
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Salvatore Lentini
  • Rental Property Investor
  • from Doylestown, PA
  • Member since Jul 7, 2008
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Salvatore Lentini
  • Rental Property Investor
  • Doylestown, PA
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Salvatore Lentini
  • Rental Property Investor
  • Doylestown, PA
Replied

Hi @Alex Hobbs - Cleveland should be ok depending on the area.  Let me know if you find something.  I invest in Dayton OH myself.  I've been considering Cleveland.... now that Lebron just signed on for 3 more years ;)

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