Updated almost 3 years ago on .
LP Investment last year
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $4,000,000
Invested as a LP to learn the process
- 60 units
- 5 year hold (no refinance in between)
- $1.6M raise
- 5.64% CAP
- Est. 21.19% AAR; 7.69% CoC
What made you interested in investing in this type of deal?
Multiple units vs single homes
How did you find this deal and how did you negotiate it?
A friend of mine had it and ask if I wanted to invest.
How did you finance this deal?
Cash
