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Updated about 4 years ago,
How do protect myself in a multi-family deal?
I have recently come across a 212 unit apartment complex in Houston. I’ve spoken briefly with the owner and he is considering selling the property. 212 units might be too big of a deal for me to do by myself at this moment, so I am seeking an investor who is able to do this deal in exchange for equity in the property and the opportunity to shadow them and learn from the process. How do I lock up a large deal like this so I can safely pitch it to other investors without them going over my head and snaking it from me?
Thank you in advance!