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Updated over 3 years ago,
Raising Capitol for Multi-Family Deals
Hello World,
I'm new to bigger pockets, however, I am definitely a seasoned investor when it comes to property management, rehabs and finding good deals. I currently live in St. Louis, MO by way of Atlanta, Ga. I graduated college about 7 years ago when I started my investment career and now I have about 8 Units rented and 2 rehabs I'm working on. While living here I have seen plenty of deals, I just did not know of ways to finding money. So here I am trying to get my feet soaked in syndication. My goal it to close on 12-36 units within this year.
I am here because I am looking to learn a lot more. I am wondering if investors like 10% annual return for 3-4 years and 25% return on initial investment at the time of exit (refi or sale), 4 years MAX. I am willing to do bigger deals as well I'm just looking for a good start.
The deal requires 155k for down payment and that is how much I am looking to raise. I am open to all opinions and advice. Feel free to share any advice you have to give.