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Updated almost 2 years ago on . Most recent reply

User Stats

18
Posts
6
Votes
Shanea Fulks
  • Real Estate Agent
  • UTAH
6
Votes |
18
Posts

INVESTOR/CAPITAL NEEDED... Under Contract on a Multi-Family

Shanea Fulks
  • Real Estate Agent
  • UTAH
Posted

Long Story Short...

We are working with a TERRIFIC Broker/Private Money Lender who had 3 Investors ready to fund on our deal next Wednesday. Friday, the investor bringing in the largest portion decided he thinks the housing market is going tank, and he is worried about what would happen if my husband and I DIED!!!?

He pulled out of the deal. Our Broker who has been lending and investing for 20 years, loves this deal so much, she is willing to bring her own money to the table.

We extended the contract with the seller to keep the deal alive.

Essentially we need a seasoned investor who is willing to take a good hard look at our deal and would understand the true opportunity that exists.

We have the numbers, community research, market research. We consulted with a well established Mid-Term Rental guru and author who analyzed every aspect of our deal. She has written a positive review of our deal and outlined the reasons we should jump in.

I have read the entire City Council minutes for the past 2 years and the City's 10 year Revitalization plan. We know the growth expected in the community.

Future expansion includes a railroad bringing in 27k jobs to the 2 counties in this area. An already active and lucrative crude oil industry with the need for housing of the several hundred men and women placed there every month to work.

If you are an INVESTOR, and you are willing to take a call with us and our Private Money Lender, we would love the opportunity to show you what we have.

Thanks for reading.

-S. Sulks

Fathom Realty - Agent

Mountain Legacy LLC - Our property investment company.

Looking for

Most Popular Reply

User Stats

18
Posts
6
Votes
Shanea Fulks
  • Real Estate Agent
  • UTAH
6
Votes |
18
Posts
Shanea Fulks
  • Real Estate Agent
  • UTAH
Replied

Vernal Utah. Oil Fields, Railroad coming, Skin Walker Ranch and oil field workers who need housing.

I have put in a lot of time and have researched this area for almost 3 years. We own 4 other units in this area and when one goes up for rent, on average we have over 20 people who want to see it. 

One person came by TODAY and tried to give my husband $3000 cash to have him hold it for him.

If you know someone who is willing to at leasts take a look and listen to our numbers, plan and research, My lender and I would love to chat. 

Thanks

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