Commercial Investor Wanted

[Randy McDonald]

Hello Everyone!

I have come across a potential opportunity to invest in a 26 unit apartment complex in my town. It is being auctioned next month, starting bid is $400k. I have done some due diligence on the property but can not figure out why it is being auctioned. I'm trying to find an investor with the funds willing to partner 50/50 with me on the deal. The building is fully furnished. It was built in 2015. The past financials are very promising. The town is expanding exponentially, building new restaurants and stores. I have tons of more details I will discuss with anyone who is interested. I have one other property, a SFH that is paid off and almost ready to be rented. If anyone has any ideas as to where I could find more investors, it would be greatly appreciated. Thank you!