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Updated about 8 years ago,

User Stats

64
Posts
5
Votes
David Toupin
Pro Member
  • Farmington Hills, MI
5
Votes |
64
Posts

Syndication Open for Partners! 44 Unit - 15% ROI

David Toupin
Pro Member
  • Farmington Hills, MI
Posted

This investment is open to accredited investors only, as defined by the SEC (506-C).

Hi BP Community,

My firm placed a 44 unit apartment building under contract in Oak Park, MI yesterday. $150,000 of the $825,000 needed for this investment has already been committed. Additionally, our firm is committing up to $150,000 of our capital to this deal. We are looking for investors to raise the remainder for the down payment, initial repairs, and closing costs. We have very attractive seller financing terms on this deal making it a great cash flow machine for investors. No debt payments or interest for first two years, then managers will refi building. ROI is very attractive in first two years and averages 13-16% for years 3+.

Anticipated average annual ROI/Cash On Cash Return: 15.65%

  • Year 1 Investor Cash on Cash: 16.94%
  • Year 2 Investor Cash on Cash: 20.25%
    • Year 2 seller financing ends. Manager introduces traditional debt.
  • Year 3 Investor Cash on Cash: 13.05%
  • Year 4 Investor Cash on Cash: 13.75%
  • Year 5 Investor Cash on Cash: 14.46%
  • Year 6 Investor Cash on Cash: 15.18%
  • Year 7 Investor Cash on Cash: 15.93%

Benchmark: 8% preferred return 

Minimum investment: $10,000

Please email Dylan Borland at [email protected] for additional details or investor package.  Or call (734)-744-6399

We need to have all funds raised by December 19th so please reach out sooner rather than later. This is first come first serve, so contact us asap.

Thank you!

David Toupin

Investment Disclaimer

The investment information provided here is highly speculative, and an investment involves a high degree of risk and immediate and substantial dilution from the offering price. The investment has not been registered under the Securities Act of 1933 as amended (The “Securities Act”) or applicable State securities laws and are being offered and sold in reliance on exemptions from the registration requirements of these laws. The Shares have not been approved or disapproved by the securities and exchange commission or any state regulatory authority nor has the commission or any state regulatory authority passed upon or endorsed the merits of the offering or the accuracy or adequacy of the private placement memorandum. Any representation to the contrary is unlawful. The shares may not be transferred in the absence of an effective registration statement under the securities act and any applicable state securities laws or an opinion of counsel in form and substance acceptable to the company and its counsel that such registration is not required. 

This investment is open to accredited investors only, as defined by the SEC (506-C).

  • David Toupin
  • Looking for