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Updated over 7 years ago,
Looking for Private Lender/Equity Partner
Looking for money partner/private lender to work with on portfolio acquisition: I have a few portfolios available for me to purchase that consist of multiple SFR's. One portfolio is as small as 5 properties, and they range all the way up to 66 properties. The plan is not to hold these portfolios long term, but instead to unwind them on the retail market to maximize profits and increase capital reserves for my company. The portfolios would be purchased for less than 70% of ARV (target is under 65% each time), and then unloaded with little to no repairs on the retail market. If any repairs are necessary, they would come from the proceeds of a previous property sale so as not to increase exposure and calculated up front in the purchase. Profit ranges on these are from $150,000 to $1.2MM, split according to agreed upon terms of the partnership. Time to fully unload ranges from 4 months to 1 year depending on the portfolio specifics. I am looking to create a long term relationship with someone who is able and willing to partner on these deals and reap nice profits from them. I would start with a smaller portfolio to execute and display my company's ability to perform.
If you would like to discuss the details further, I am more than happy to answer any and all questions.