Looking for a partner for a FANTASTIC Multifamily deal

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Looking for a partner for a FANTASTIC Multifamily deal

Flipper/Rehabber · Arlington, TX · Member since 2013 · 35 posts · 12 votes

We are looking to purchase some apartment units in Mississippi and we are looking for a way to do it and I think it makes more sense to get a partner in who can put up the cash. We will manage it and do all the legwork. We have flipped nearly 100 homes in DFW but we like this deal out of state:

Purchase price is 775k. Monthly income currently is 17000. Cash flowing at 8,000 as is. Repairs of 75k needed to get up to full occupancy and rent needs to be raised to market value. Once that is done income will be 33.5k per month and cash flow will be 23k per month. If you want in and have cash for the deal contact me. Thank you!

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  • Rental Property Investor · NJ (new jersey) · Member since 2019 · 113 posts · 16 votes
    6y

    @Manny Fernandez

    Wow, that’s a gold mine

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