First deal of 2022! Syndication in Augusta, GA

[Greg Moran]

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $50,000

(01/03/2022) - First Investment of 2022 is my second Syndication deal, closing scheduled for mid-month! Thanks to Sheldon "Hutch" Hutchinson and H Squared Capital for keeping me in the loop with their investments. This "B" class apartment complex in downtown Augusta, GA is located in an "A" class neighborhood, just waiting for some value-add TLC!

What made you interested in investing in this type of deal?

Continued Diversification into larger multi-family deals. Trust and relationship building with previous REI partners

How did you find this deal and how did you negotiate it?

Through contacts at H Squared Capital

How did you finance this deal?

Personal Capital

How did you add value to the deal?

Providing instantly available capital

What was the outcome?

5-year timeline

Lessons learned? Challenges?

Tight timelines for commercial syndications means less time for performing due diligence. Good think I was already familiar with the Augusta market from a previous deal.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Hutch, The Marine Investor from H Squared Capital!