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All Forum Posts by: Danny Randazzo

Danny Randazzo has started 72 posts and replied 933 times.

Post: Cities Where Rents Will Rise The Most In 2021!

Danny Randazzo
Posted
  • Apartment Syndicator
  • Charleston, SC
  • Posts 973
  • Votes 727

@Justin G. Thank you for sharing. I’m sure there are more cities and specific sub markets and or specific properties that could see more rent increase versus the list but it’s a great place to start

Post: Syndication Attorney Questions & Referral Request

Danny Randazzo
Posted
  • Apartment Syndicator
  • Charleston, SC
  • Posts 973
  • Votes 727

@Tamiel Kenney I agree. Dugan Kelley is great

Post: Cash Flow vs. Equity

Danny Randazzo
Posted
  • Apartment Syndicator
  • Charleston, SC
  • Posts 973
  • Votes 727

@Charles Masten if you don’t need the cash flow then focus on creating equity so you can refi properties to get your capital out and acquire another deal. You should also consider partnering with others to grow the portfolio faster.

Post: Multifamily Underwriting and Analysis

Danny Randazzo
Posted
  • Apartment Syndicator
  • Charleston, SC
  • Posts 973
  • Votes 727

@Wade Slaghuis I have several videos that you can watch which will be helpful for you. If you are interested just message me and I’ll provide you links

Post: Commercial Loan Process

Danny Randazzo
Posted
  • Apartment Syndicator
  • Charleston, SC
  • Posts 973
  • Votes 727

@Zachary DeNeen you can talk to lenders without having the exact property to see what financing options they can provide at a high level. Once you get a deal under contract then have each lender give you a specific quote

Post: Is there any syndication focusing on long-term buy and hold?

Danny Randazzo
Posted
  • Apartment Syndicator
  • Charleston, SC
  • Posts 973
  • Votes 727

@Brian Burke great points

Post: Best to Build Multi-FAMILY OR Buy one ....

Danny Randazzo
Posted
  • Apartment Syndicator
  • Charleston, SC
  • Posts 973
  • Votes 727

@Peairre Banskton what is your goal for the investment? If you want cash flow ASAP then you should buy a property vs build

Post: Multifamily 6+ door Strategy (Commercial Financing)

Danny Randazzo
Posted
  • Apartment Syndicator
  • Charleston, SC
  • Posts 973
  • Votes 727

@Diego Briceno that is the most effective strategy. You need to have relationships with several local lenders to ensure you are getting the best financing possible

Post: Team building, 1st syndication San Antonio - Austin TX MSAs

Danny Randazzo
Posted
  • Apartment Syndicator
  • Charleston, SC
  • Posts 973
  • Votes 727

@Hassan O. Try to get involved with local real estate groups or networking events. I’m sure you will find like minded people to build relationships with that could be mutually beneficial.

Post: Cash out refi lenders in Cleveland, Ohio

Danny Randazzo
Posted
  • Apartment Syndicator
  • Charleston, SC
  • Posts 973
  • Votes 727

@Travis Hill call five to ten local community banks or credit unions and speak with the commercial loan officer. One of them should be able to help you.