All Forum Posts by: Account Closed

@Michael Miles Inbox me I have the answer for you.

@Chris Welcome my man!!! This will be a good site for you to stay connected with other investors and learn how to master this industry. Let me know if you have any questions.

Will they both be on the lease and paying the rent together? If so then yes they both need to have fair to good credit scores and they both need to make 4 times the rent. Contact me for any more additional questions that you have.

Thanks for the response everyone property will go live in all of your inboxes within the next 7 days. Will talk with you soon!

Hello All,

I will have a multi family property that is off market that I will be sending out to only a key group of buyers, let me know if you are interested or know buyers in that area.

Thanks

Darnell

Gilbert,

I have done fix and flips quite frequently for single family homes in the past but the market is much better for Repositioning Apartments as long as you invest in the proper emerging market. Inbox me for more info.

Are you selling this property or wholesaling it?

When you are looking to hold an apartment complex with no money down you want to bring on a private lender to put the down payment down for the property. Because of them doing that they most likely want to split the cash flow and equity in the property if there is any and when you give them those perks they will pay you an acquisition fee of 3%-5% of the total purchase price of the Apartment Complex at closing!

For Example:

Purchase Price: $5,000,000

Down Payment (paid by private lender): $1,000,000

Acquisition Fee paid to YOU: $150,000 - $250,000

For more information on how this is done send me a direct message here on Bigger Pockets.

Happy Investing Everyone!

Darnell Cooley

message me if you do i am interested

I am looking for cash buyers who live outside sacramento, ca who are open to purchasing properties that are 50%-60% of the ARV. I will have a lot of properties under contract soon. Please write your info below and I will add you to my buyers list.