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Updated over 3 years ago on . Most recent reply

User Stats

23
Posts
9
Votes
Kyle McGee
  • Developer
  • Gulf Breeze, FL
9
Votes |
23
Posts

Large Multi-family Investors

Kyle McGee
  • Developer
  • Gulf Breeze, FL
Posted

Hello BP'ers-

Currently working a 90 unit multi family project and just got the LOI signed for a little under $4m right at a 7% cap in an expanding market. Can anyone out there share some prior experience on where they got their downpayment and investors from on a similar multi family deal? Prior connections/hard money lenders/new connections/etc... Any feedback would be greatly appreciated!

Kyle McGee

Most Popular Reply

User Stats

2,317
Posts
1,906
Votes
Gino Barbaro
  • Rental Property Investor
  • St Augustine, FL
1,906
Votes |
2,317
Posts
Gino Barbaro
  • Rental Property Investor
  • St Augustine, FL
Replied

@Kyle McGee

Sounds like a great deal!!  look for partners, and look to your power base (friends, family).

Are there any value adds?

Gino

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