Investor deal structures

[Nick Bennett]

Hello!

We presently have been self funding our properties either through the equity we build or saved cash.

We are continuing to scale up with each transaction (Started with 2 units building, then 3, then 4)

In our market the competition on properties as they get larger is seemingly more intense and puts them further from our reach and capacity- but we are looking to get in to a 6+ now.

Rather than liquidating, we prefer to hold what we have, so we have begun exploring and reading about private funding and are curious what people structured deals people have found success with early on.

What resources/books might be a good place to start or have helped you with finding the path that works best for you?

Do you prefer private loans or have you done something more along the lines of co-ownership? Have you funded deals with multiple investors? What were repayment terms like and interest like ?

I've seen a couple posts on the topic- some I can follow- some is a bit outside my realm of understanding so a direction of where to best educate ourselves would definitely be most helpful!

Nick & Leticia

[Erik Hatch]

Nick and Leticia,

Why not raise that bar high and go for 80, or even 100 units. Read the Best Ever Apartment Syndication book by Joe Fairless and Theo Hicks for starters.