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Updated almost 2 years ago on . Most recent reply

User Stats

4
Posts
3
Votes
Allen F.
  • Flipper/Rehabber
  • Wyoming
3
Votes |
4
Posts

Avondale Townhomes in Decatur Georgia

Allen F.
  • Flipper/Rehabber
  • Wyoming
Posted

Investment Info:

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

Our first deal as a General Partner (GP). It is a 122 unit apartment complex

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

Multifamily is very resilient which makes it a safer investment than single family homes.

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

We met one of the syndicators at a real estate seminar.

How did you finance this deal?

With hard earned savings!

How did you add value to the deal?

We did extensive market research.

What was the outcome?

It is doing well so far.

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

Cornum Capital https://www.cornumcap.com