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Updated about 5 years ago,

User Stats

47
Posts
27
Votes
Cal Rohrman
  • Rental Property Investor
  • Kenosha, WI
27
Votes |
47
Posts

Raised 340K to close 1st Multi-Family Syndication!

Cal Rohrman
  • Rental Property Investor
  • Kenosha, WI
Posted

For the last 3 years investing in real estate, I had 2 major goals I wanted to accomplish: 1. Complete an apartment complex syndication & 2. Own 25 units by the age of 25. As of this week, my partner and I closed on a 42-unit apartment complex in Milwaukee, WI making 65 units under management! 

The last 2 months have been busy, raising upwards of 340K to close on this beaut. With investors, whom have never invested in real estate before resulting in tons of questions and concerns that were handled responsively. 

Our investors will plan to receive 8% ROI or more paid out quarterly with anywhere from a 5-10 yr holding period depending on the market.

Adam McCarthy did an outstanding job utilizing his sources to find the deal, secure great terms, a thorough inspection, and detailed paperwork from his syndication attorney.

Everything happened so quickly and throughout the process I was able to learn a ton of information that will help with future deals. Now, its time to start the process all over again!



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