My First Multi-Family Investment

[Scott Carlin]

Investment Info:

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

Purchase price: $5,500,000
Cash invested: $1,200,000

88 Unit apartment complex in Montgomery, AL

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

Passive income

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

Partnered with Three Beach Capital, LLC

How did you finance this deal?

Commercial loan

How did you add value to the deal?

Renovate all units to bring them up to current market standards. Build a dog park.

What was the outcome?

Still holding will refinance at year three.

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

Three Bach Capital, LLC, https://www.wealthgym.com, https://ferraricapital.com/