Updated almost 7 years ago on .
Calling All WHOLESALERS - Cash Buyer Ready to Purchase MFH
If you wholesale small MFH properties, we want to talk. We are a cash buyer looking for properties that meet the following criteria:
Metropolitan Area:
Population: Growth last 20 years with forecast to continue growing Employment: At least 3 major employers, more is better. Unemployment Rate: At or below 4% Poverty Rate: At or below 15%Property Specific: Price: $200k-$1MM
- Value-add preferred (vacancy in good location, repairs, mismanagement)
- Ability to achieve an 8% cap rate either going in or post-repairs
- High growth, lower crime area or areas in positive transition
- Per unit rents above $500/month
Looking for