All Forum Posts by: Johnny Jones

Absolutely feel free to message me privately I need lenders on my team!

Yes sir I do, I specialize in commercial Multi-family!

Hi everyone, my name is Johnny, and I’m based out of DFW!

I’m a deal finder, underwriter, cold caller, and property walker—traveling across Texas to connect with brokers and evaluate opportunities firsthand.

I’m looking to join a group or network with people who want to close deals and grow together. I’m not charging anything or asking for money—just looking for a team to work with and build success together.

If I sound like someone who could add value to your team, feel free to reach out. I’d love to connect!

Hello, I’m a deal finder and underwriter based out of Dallas and I’ve got 2 opportunities I wanted to share!

Deal #1: 140-Unit Value-Add Property in Sherman, TX

• Purchase Price: $12,250,000

• Gross Rents: $1,781,798 annually

• Occupancy: 86%

• Current NOI: $659,148

• Value-Add Potential: +$238,000 (through upgrades and rent increases)

• Financing Plan:

• 70% LTV Bridge Loan (100% CapEx)

• Interest-Only for the first 3 years

• Target Refinance Proceeds (Year 3): $3,830,067

• Projected Returns:

• DSCR: 1.54

• CoC: 7.37%

• AAR: 36.10%

This property has significant upside potential, with the lender eager to work with a new operator to stabilize the property and avoid foreclosure.

Deal #2: 12-Unit Stabilized Property in San Antonio, TX

• Purchase Price: $1,000,000

• Current NOI: $63,700

• Occupancy: 100%

• Buy-and-Hold Opportunity:

• Simple, stabilized asset with steady cash flow

• Refinance at Year 3 for full member capital returns

• Projected Returns:

• CoC: 4%

• AAR: 17%

• IRR: 22%

I’m actively seeking a General Partner (GP) with experience to assist in raising capital for these opportunities and building momentum for future deals.