All Forum Posts by: Sara S Jung

Turnkey rentals can be good for just collecting the check, and if you are busy with a job or business it will alleviate a lot of the work required.  However in most cases you will be paying a premium and could over pay for the property. It also depends on the company you are using, look at their reputation and talk to other investors who have used them. 

Happy New Year! My goal is to actively invest in 500 doors of multifamily and continue educating passive investors on multifamily investing. I'm working on building momentum in my local community with meetups and workshops, and partnering with successful investment partners to find great value add deals across the country. 

@Jamie McCauley congratulations for taking action!

Hello, I am looking for lender referrals who can help me with better terms on this type of deal. I have a 79 unit apartment deal in Oklahoma, built 2004. Its well maintained but poorly managed and not marketed very well so the occupancy is low at 83%. I've been told I need to be at 90% physical occ and 85% econ. vacancy to get agency financing with rates in the 4's but this one doesn't qualify under those parameters. I do not want a bridge loan with the higher rates as it will kill my cash flow, also I want something long term 7-10 years and prefer a 30 year amort. Any help or options out there? 

thank you 

You could also sell directly to investors and bypass the fees, I'm looking to purchase

Looking for either JV partner or to be part of a syndication as a GP. I have capital raised with my investors and looking for deal finder (30-100+ units). Multi unit apartments or mobile home parks, value add. Cash on cash returns 8%+ and 15% IRR. Please message me if you have a deal that make sense.