First Real Estate Investment

[Bruce Schulz]

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $15,600,000
Cash invested: $75,000

Limited Partnership Syndication on 418-unit Multi-Family Complex

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

I was looking to invest in multi-family real estate.

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

I have a professional relationship with one of the General Partners.

How did you finance this deal?

Financed the deal with cash.

How did you add value to the deal?

Bringing capital.

What was the outcome?

Closing was on May 11th, 2022. Brand new deal

Lessons learned? Challenges?

Going to learn lessons along the way

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

None