All Forum Posts by: Imdad Rahman

Yes just starting out doing syndications, should've been more clearer. Currently holding shopping centers, apartment buildings, and SFH.

Hi,

I'm diving into real estate syndications and working on raising capital for a couple of new development and value-add multifamily projects I have in the pipeline. One challenge I’ve encountered is that a lot of syndicators I’ve met seem to have wealthy family connections or a built-in network of high-net-worth individuals. Unfortunately, I don’t have that same advantage, so I’m looking for advice on how to raise capital without those existing connections.

Here are a few questions I have:

• 1. What strategies have you used to find investors when you don’t have a wealthy family network?
• 2. How can I build trust and credibility with potential investors when I’m starting out?
• 3. Are there any specific networking events, platforms, or communities you’ve found helpful in finding accredited investors?
• 4. What deal structures have worked best for you in making your syndication attractive to new investors?
• 5. Any legal advice or pitfalls to be aware of when raising capital?

I’d love to hear from anyone who’s been in a similar position or has advice on how to approach this. Thanks in advance for any insights or resources you can share!

Hello. I am looking to purchase more properties in Ohio and was looking for lenders that do dscr loans with less than 20% downpayment. Also on loans amounts less than $75,000. Is there lenders that do this?

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $20,000

3 bd 1 bth

I've come across some online courses, particularly those by individuals like Tom Cruz and Section8Karim, who claim to provide valuable insights and strategies for successful Section 8 investing. However, I can't help but feel a bit skeptical about the legitimacy of these courses. It's challenging to distinguish between genuine advice and potential scams in the vast sea of information available online.

I'm curious to know if anyone has enrolled in courses offered by individuals like Tom Cruz or Section8Karim. Do you feel that these courses provided valuable and actionable information, or did you find them to be more of a sales pitch?

Thanks in advance for your insights.

Investment Info:

Condo buy & hold investment.

Purchase price: $282,000
Cash invested: $56,400

2 bed 2 bath condo

I've recently come across an intriguing opportunity in the Detroit Land Bank, where properties are available for just $1,000. The catch? They might need around $80,000 in renovations. I have a few questions.

- Have any of you dabbled in Detroit Land Bank properties before? What was your experience like?

- Considering the initial investment and renovation costs, do you think it's realistic to expect a resale value of $100,000 or more? What's your take on the current Detroit real estate market?

I'm essentially looking for your insights, cautionary tales, and success stories to help me make an informed decision. Your experiences could be incredibly valuable, and I'd love to hear from those who have navigated the Detroit Land Bank landscape.

Is it possible to get a cashout refinance / one HELOC for my entire portfolio? If so what would be the best way to proceed? I want to use the combined equity to put down on an off-market commercial deal. 

 Michigan and Ohio

I have a couple fix and flips in the pipeline. I was looking at fix and flip loans but the minimum for some is $75,000. Are there any that finance under $50,000 purchase/rehab or rehab only? Checked out some of the popular lenders like kiavi and etc. but was unable to find anything. Thank you!