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Updated almost 6 years ago on . Most recent reply
Where are my MFH investors going in 2019?
Curious on the BP pro opinions on where they are planning to invest this year?
I have a friend who got in a few years ago in Vegas and has seen nice returns, but it seems some of the big players are selling off now and moving elsewhere. Some parts of Texas...
I know some were big on Nashville some time back, but maybe that has also hit its end...
I plan on diving in to a 10-15 unit sometime soon and would love to hear others opinions!
Thanks!
Most Popular Reply

@Tyler H. What I would I do is probably different than what you should do. 250k is alot
of money to do damage but I'd just buy the best investment you can and not focus on just 10-12 units. If you own a small portfolio of small multis you probably have the savvy to manage a multi, and you might be able to get an apartment owner to land contract you an apartment building. For us every deal so far although that likely will change
we go in 100 percent capable of closing the deal without investors. It just so happens that we have not had to as investors recognize the deals and also recognizing I am not as "proven"
as some other syndicators I gave them them
more equity. If you own 10-12 units whether its
12 SFH or one 12 unit I think an apartment owner would realize you have the savvy to manage 40-70 units. A deal
I am working on now on land contract for 66 units the sellers did not entertain it at all but after getting to know me and have their CPA reiterate the benefits of a land contract that I communicated they now are willing to do 10 percent down. I also
looked at the opportunities of financing. I found a lender that does 100 percent financing
and another that does 90 LTV so I look
for deals that meet their criteria because my spending power increases. If you just focus on finding good deals AND how to execute on them you will be fine.