All Forum Posts by: Sunny Nyemah

Considering the challenges associated with identifying, and sourcing suitable multifamily opportunities, there is a need for collaboration. Such collaboration calls for synergies that would allow each partner to deploy his or her unique skills set for the benefit of the partnership. There are those with the know-how and network on sourcing “Good” deals, there are others with the connection to secure qualified investors, there are others with the ability to analyze and negotiate better offer prices, there are others with technical expertise to manage the rehab process, and there are those that could secure tenants for rehabbed units.

Collaborate as co-GP on small multifamily projects with an experienced sponsor. In the interim, you can begin to clean up your credit while you earn leveraged income with your $35K

Apply the fundamentals. Whether the market crash or not, the fundamentals are important. There are deals out in the market no matter how hot the market is. You can peel off the blinds and make a deal suitable. What is your business or investing model? Do you have a team in place, how do you underwrite deals, what are your underwriting requirements, etc

The game is call leverage. Do not ever buy with all cash. Financing is cheap. If you have the right deal, I will buy five for 4-units properties, and 15% down on all with agency financing if the property are stabilized and cash flowing. If not do hard money loan at 20% down for fix and hold. But ensure the properties are deeply discounted, at minimal 35% to 50%. These properties might be in your areas, look for upcoming areas, with great demographic for renting. Next, you can begin to syndicate with 8 to 20 units. This is how you begin and scale up if you are serious about leveraging the access to cash.

send an email with an outline of what you would be doing to assist the project manager

Alan

This generalization of yours is very unfair to the platform. As a member of the platform (Connected Investors), I agreed that there are some fake leads that slip through the crack that "Connected Investors" system cannot flagged. But overall, most of the lenders on CIX are genuine. I have done deals with over five lenders. For the sake of privacy, I will not list their names.

If you have $50K to dump, then you might as well join me as an apprentice. We will use the $50K to buy and flip your first three deals guarantee. That is what you call hands-on learning.

For instance, we had an NN net lease offered by AA rated tenant who wanted to do a sale leaseback. The Cap rate was good; at 10%, and the properties were all newly developed. However, we needed to dig deeper to understand the motivation of the seller. Was the company struggling for cash flow or was there something else we are missing? We have just submitted an LOI, and hoping to proceed on the deal.

Yes, you have to be mindful of indicators. But you also have to make informed investing decision. Do not drift away from the fundamentals of analyzing your acquisition; be it commercial or residential. 

Well, I have been offered some great multifamily; and in great MSA; minimum 7% cap. Great turnaround opportunity as well