All Forum Posts by: Thomas Wang

I like this idea of doing both a lot. Thank you so much.

@Greg Dickerson

I am getting about 10 to 20% cash-on-cash return on single family homes. I am looking in Cleveland with some apartments.

I am trying to come up with about $250k as a down payment toward a small apartment building in the midwest. After reading blogs and watching youtube of Peter Harris of Commerical Property Advisors about syndications, it made me think. Shall I use $250k as a down payment to buy a small apartment of my own or invest this in a syndication (as a general partner) as a way to transition building my syndication experiences? If I go my own with $250k as a 25% downpayment, I could buy an apartment around $800k to $900k with a preferred Cap Rate of 10% to 12%. Yes, I can meet the liquidity reserve and net worth requirements for this. It will be a bit stretch for me to find a partner/investor to form an LLC and buy a bigger apartment (eg. 40 to 70 units) but I feel that this learning experience will be a good way to move forward toward syndication career. I currently have a few single-family rentals, one 4-plex and a good handyman/project manager. I raised funds for a nonprofit for many years and building relationships and raising funds is pretty natural to me. What would you do in position or advice? Your time, and advice will be greatly appreciated. Thank you very much in advance.

Great. Do you have time to talk for few min? If so, when would be good time? I am looking for an apartment as solo or investing together. 

@Yonah Weiss

Congratulations. Which town is your apartment? If you don’t mind, I would like to receive a copy of your template to tvpusa at gmail.com

Thank you.

@Alison M.

Will you send me copy of both, pls?

@Sandy Gabin

Thanks

@Nate V.

I got mine via security service federal credit union in Broomfield. 4% for the first year.

It seems investors have mixed feelings about buying rentals in the Metrohealth area. 

Make sense.