All Forum Posts by: Ryan Corcoran

Hi BP, 

Looking for an agents and other investors who have experience in STR's in the Orlando FL area.

appreciate any connections! 

Ryan

Hi BP!

Looking for really good referrals for a great builder in the Southwest portion of FL, specifically Port Charlotte. Digging into quite a few vacant lots for SF homes. Would love to chat with someone in the area!

Thank you

Ryan 

Hi All, 

I have an opportunity to purchase an assisted living local to me in NH. I have ZERO experience in this, but I own property in the town that it is located, and I am definitely interested in this idea. Would love to chat with someone who owns a few of them and has experience in buying the business its self!

Thank you!

Ryan 

Hey man looking for high level conferences. $20M type properties. 

Know if any good ones? 

Ryan 

Hi All, 

Looking to possibly attend a few conferences this year, as I have never been to one before. 

Any recommendations on the best multi-family oriented conferences in the US? 

Thank you!!

Hey man. Got your note. Let’s chat

Anthony, 

Actually no, I used conventional loan, and brought in a partner for the majority of the capital! 

Thanks for inquiring! 

Ryan

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $518,000

6-unit off market property in Laconia NH. We own several properties in Laconia and love the gentrification occurring in the city.

What made you interested in investing in this type of deal?

6+ unit multi-family

How did you find this deal and how did you negotiate it?

Off-market brought to me by an agent I have connected with.

How did you finance this deal?

Commercial lending

How did you add value to the deal?

Rehab, increasing rents.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

John Bortolotto - Franklin Savings Bank lending

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $700,000

12-unit property in Tilton NH. Excellent value add property in growing Tilton NH. We own several properties in the town next to Tilton, Laconia NH. We have had great success next door and are thrilled about this project.

How did you find this deal and how did you negotiate it?

Brought to us off-market by an agent we are very close with whom has brought us several deals in the past.

How did you finance this deal?

Conventional commercial lending

How did you add value to the deal?

Rehab, increasing rents. Adding a unit.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

John Bortolotto - Lender at Franklin Savings Bank

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $2,300,000
Cash invested: $175,000

36 unit apartment complex Gardner MA. Off-market deal. Several partners including myself involved in purchasing the deal.

What made you interested in investing in this type of deal?

Larger value-add multi-family property in a vastly appreciating city.

How did you find this deal and how did you negotiate it?

Off-market brought by an agent.

How did you finance this deal?

Commercial lending

How did you add value to the deal?

rehab, increasing rents.

What was the outcome?

We will be completing rehab on units, re-renting at market rent, and then refinancing, pulling our all of our capital.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Brady Capital Advisors - Lender