All Forum Posts by: Adam Thornton

Awesome job! My company facilitates BRRRR's for out of state investors regularly. More than happy to connect if you are open to the Memphis or Little Rock markets.

Hi Alok! If you are open to West TN I would love the opportunity to connect! Let me know :)

Hi Jeff - my group has an 8-unit in Little Rock, AR. It was renovated a few years back but could definitely be a value add opportunity. If you are interested, feel free to message me and we can set up a time to chat. We can offer seller financing as well.

 You would be surprised at how some areas of 38109 are improving! This is our 4th property on Ortie in the last 12 months, and all rented at the top of rent range and appraised over list price :)

Fully renovated! Large 4 bed 2 bath for sale in Memphis, TN 38109 with $1,595 rent approved by housing. Property is pre-leased pending housing inspection. Approx. square footage is 2,186 and annual taxes are $1,843.92. Asking $174,900. Seller financing available at 5.99% with minimum of 20% down. Photos & Scope of Rehab

Current rent in place is $1,650. Offering 5.99% interest only for 5 years with 20% down payment. No appraisal requirement. Seller to make all repairs found/noted in inspection report prior to close. Great blue collar/dual income area just outside of Little Rock, AR. Improvements include 2x new HVAC, new roof, 2x new water heaters. Annual taxes of $829.28. Approximate SF is 1300. 1 bed/1 bath each side.

Photos 

Scope of Renovations Completed

Just sent you a message! Would love to chat if you're open to it.

Antonio - 

I posted on your previous post but wanted to reiterate that I can provide an outlet to the Memphis and Little Rock markets that meet your criteria, especially with our seller financing. Let me know.

Hi Antonio - 

Happy to connect, as I can provide some great exposure to the Memphis, TN and Little Rock, AR markets. My group specializes in turnkey SFR and buys/rehabs around 20-25 properties per month. We also have a management company that can manage the assets on the back end at anywhere from 7%-9% of gross depending on the number of doors you plan to acquire. Currently sitting on around 40 SFR's with another 35 or so currently being renovated, and offering seller finacning of 5.99% with 20% down for 5 years on all of our inventory. Let me know if this is of interest.

Thanks,

Adam

Philip - 

I know you mentioned multi-family, however my group has a lot of experience working with SDIRA investors by packaging our turnkey SFR inventory into a portfolio. We also manage the assets post closing. Would be happy to have a more in-depth conversation around what the investment would look like if you're open to it. We can even seller finance the transaction at 5.99% interest only, too, if you were looking for some creative financing.

Thanks,

Adam