All Forum Posts by: Patrick Offen

Hey Keith, good to hear from ya! I'm interested in Great Falls as well! 

Hey everyone, I'm currently in the market for a couple of multi family BRRR properties, between 2-20 units. I have a couple of projects coming to an end in February and I need to keep the crew fed. Primarily interested in Missoula and surrounding areas. Philipsburg and Anaconda are of interest as well. Thanks!

Quote from @Andrew Postell:

@Patrick Offen if you have been doing this for 10 years I would love to see what you are using on your deals.

Good Morning Andrew,

I've been using a simple investment calculator. I believe its Chandler Smiths... A bit elementary. I've been neeeding to step up my game a bit with some more in depth calculations. I have 30 doors and would like to get 250 more in the next 5 years. 

I've been purchasing rentals using my own money for the last 10 years. I've ran across a few mentor programs that teach how to bring in investors for the down payment, remodel, refi out investor and hold for yourself long term.. ex. Faster Freedom, ect. I'm looking at doing the same and was wondering where to find a comprehensive underwriting spreadsheet that includes using investor funds for an annual return then refinancing them out after remodel. ARV is a big portion of that in order to prove you can refi them out afterwards. Also, does the spreadsheet or model create a nice investment offering for the investor that you can share as a brochure?