All Forum Posts by: Vinay Kolluru

@Nathanael Greene Are you asking about investing as a Limited Partner? In that case, the # of units you are invested in doesn't tell the full story. For example, you could invest $50k into a syndication. Or you could invest $500k into that same syndication. You still own the same # of units, but the % of the deal you own will be different. 

Regarding how fast you can scale your investment portfolio, there are a number of factors: 

1. How much money you are starting with. 

2. How much will you be able to invest over the next few years. 

3. And how quickly your deals refinance and/or exit so that you can redeploy your money into new deals. 

@Ali Masoudi yes I plan on going. You?

Congrats! Have you explored purchasing an existing quad instead? And what area specifically around Greenville? 

It really depends on your goals. If you are looking for cash flow, probably not the best strategy. You will barely break even, maybe even operate at a loss when you consider maintenance & vacancy.

But if you are looking for appreciation, then Morrisville is probably a safe bet. Even if we are hit with a recession, I think Morrisville properties will sustain their value. 

Regarding finding a renter, I don't think that is a problem. There is tons of rental demand in this area!

I agree. Tap into your existing equity through HELOCs. That way you can deploy the equity to expand and also enjoy the cashflow and appreciation. It's what the rich do - "hold forever, borrow against".

And congrats on the new baby!

Is it a 506c offering? 

@Bruce Lynn you are probably correct about the conservative UW. If you look at it from the lender's perspective, they are the biggest investor in the deal. So they need to do everything in their power to keep their capital safe.

But that helps me as an LP for the UW to be so scrutinized. I worked hard for my money. I want to make sure that my money is 1st of all preserved and 2nd of all working hard for me. 

@Sam Sala all the deals I've done have been 506b. Which means they allow you to 35 non accredited investors.

@Sam Sala I have a lot of experience with Think Multifamily out of Dallas, TX. I have invested as an LP in 7 deals. For me, I love this group because of how conservative they are in their underwriting. Also how laser focused they are on the type of assets they deal with. They say no 100 times before they say yes to a deal. I'm happy to hop on a call or DM to discuss my experiences in more detail. 

@Jess Kuttar