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Updated almost 8 years ago on . Most recent reply

User Stats

54
Posts
11
Votes
Carlos Gutierrez
  • Investor
  • Charleston, SC
11
Votes |
54
Posts

20 Unit deal

Carlos Gutierrez
  • Investor
  • Charleston, SC
Posted

Hi BP,

I have a very interesting deal under contract and I wanted to get your feedback on somethings.

These 20 units are compromised of 4 different tax parcels, 6plex, 8plex, and 2triplexes all on the same street.

1. Is there a lender or private investor that would do a blanket type loan on all 20 units?

2. What type of equity or ROI should I offer investors?

3. The 8plex needs a full rehab, should I try and raised that capital as well as the down payment?

4. I have a 60 day due diligence period what type of things should I look for? 

5. What are some ideas to add to the units while renovating them to attract higher rents?

I know this is a lot of questions, you can answer 1 or all 5 or PM and we can talk about some details,investors, etc.

Thanks again BP, it's a great community and a wealth of knowledge!

Most Popular Reply

User Stats

54
Posts
11
Votes
Carlos Gutierrez
  • Investor
  • Charleston, SC
11
Votes |
54
Posts
Carlos Gutierrez
  • Investor
  • Charleston, SC
Replied

Hi Guys,

Can we just put an end to this back and forth. 

I'm not wholesaling anything. I have this property under contract and I'm going to close it.

Never did I Say "wholesale deal" for sale!

I'm just trying to get a conversation started and relationships built!

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