Purchase price: $58,000,000 Cash invested: $74,000 I am a LP in a group fund that bought three large, institutional properties.

Purchase price: $58,000,000 I am a LP in a group fund that bought three large, institutional properties.

Letter from my banker of 25 years explaining how many deals we have done in the last 10 years and average balances carried in their institution.4.

As someone who works in private equity/private credit, I can attest to the fact that they are major players among the large institutional investors.I work as a fund accountant and performance metrics are a large part of what I do.

I am looking for a banking institution that offers HELOC on investment properties.

We discovered the Donna Kay deal through our partner, Seth Choate, who identified the opportunity in Nashville, TN.

We discovered the Donna Kay deal through our partner, Seth Choate, who identified the opportunity in Nashville, TN.

Be thorough, be patient, and understand it's a government institution so things may take a while. 

I've discovered that most private lenders prefer borrowers with some experience, which I'm working on building now.My main focus is on my exit strategy.

From what we have been able to discover is that they have taken the money from the renters and have not paid cleaners.