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Updated over 2 years ago on . Most recent reply

User Stats

193
Posts
41
Votes
Gregory McKinley
  • Rental Property Investor
  • Phoenix, AZ
41
Votes |
193
Posts

First LP Deal with multifamily Yay

Gregory McKinley
  • Rental Property Investor
  • Phoenix, AZ
Posted

Investment Info:

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

LP Deal on a 24 unit with 40 storage units

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

Great returns and business plan

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

Found it through networking

How did you finance this deal?

Mortgage note gains

How did you add value to the deal?

I helped fund the deal.

What was the outcome?

Closed and implementing business plan

Lessons learned? Challenges?

TBD

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

n/a

Most Popular Reply

User Stats

70
Posts
44
Votes
Hayden Harrington
  • Investor
  • Houston, TX
44
Votes |
70
Posts
Hayden Harrington
  • Investor
  • Houston, TX
Replied

Congrats on taking the plunge! I hope the deal goes well and good luck on your investing journey! 

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