All Forum Posts by: Ethan Wilson

Tamera, I appreciate the rec! He happens to be my mentor - we've been working together to get it done and it fell through today with the capital group we were planning on using. So now I'm taking to the community to find help elsewhere.

Hey all,

I've gotten fantastic terms accepted for a seller financed 118 unit apartment portfolio in Kentucky. 72 units are in Glasgow, 46 are in Fulton. It cash flows day 1, there is a ton of upside, but I'm having trouble funding it and need to move relatively quickly. 

I would greatly appreciate any recommendations on who to go to that can help get this done, it's roughly a $2 million raise. I'm happy to provide more details if anyone has ideas, and want to offer a quarter-point assignment fee (about 21k) to someone who can help get this done!

I'm local to the Nashville and Huntsville area and am happy to meet up, or a phone call if not local.

Thanks!

 Thank you! Awesome to hear you're working on some cool things as well. Sent you a message!

 Appreciate it! Let's connect.

 Thanks man! Sent you a message.

 The owner is the lender!

Would love to connect - sent you a message.

Hey everyone!

I just closed last Friday on my first multifamily deal - a seller financed 8plex in Laredo, TX - 2 weeks after quitting my job to take on real estate full time. I wanted to make a post and say thanks to everyone who reached out and helped get this done. 

A quick highlight:

700k purchase, 4% interest, and a 10 year balloon.

Being in Texas, this deal was pretty far from home. Going forward I intend to be more in the Nashville and Huntsville areas, and would love to connect with anyone trying to get into the creative finance and multifamily space, as well as anyone who is already in the space and looking for more opportunities.

 8 units, 700k purchase price!

Hey everyone! I'm in Huntsville, AL working on an apartment deal with some partners down in Laredo, TX. It's a fantastic property with a ton of potential, and we've negotiated some great terms to buy it seller financed with 4% interest. We've got it under contract, and our last piece is to find funding for the down payment. 

We're able to structure it as debt or equity, and while we raise rents, bill back utilities, and take it under better management, we're able to offer a great return to our investor/partner. Does anyone have a recommendation for where to go or who to reach out to who would be interested in helping us get this deal done?

Thanks!

Welcome Kayla! Check out TN Valley REI and Madison County REIA for monthly meetups. Great chances to learn about investing here and meet plenty of people.