Investment Info:Large multi-family (5+ units) buy & hold investment in Fort Wayne.

I TRIED TO PITCH IT TO FRIENDS AND FAMILY TO BUY AND HOLD, BUT THE INTREST RATES ARE SCARYING OFF MANY POTENTIAL BUYERS.

Hey everyone,My friend and I are partnering on a deal in Atlanta where he brings 100% of the up front cash (i.e. 20% down payment and $50K-ish for a rehab) and I find the deal, manage rehab, run numbers, and am the brains of the operation (and I manage the buy/hold on the back end) and assist downstream with refinancing.

I spent the next 16 months trying to find more deals to cash flow via buy and hold or BRRRR and couldn't do that as interest rates started to rise.

The most important thing to consider would be that if you're using your HELOC for down payment / renovation costs and holding costs, then the refinance MUST get you all of your cash back to pay the HELOC back to 0.

If you do this regularly, the purchase will come easy.

Things like structure, S Corp ownership versus private, LLC versus S Corp, what’s best for flip versus long term hold, structuring purchases for max depreciation, cost segregation, and things like these. 

I am planning on holding this long term for appreciation. 

Investment Info:Large multi-family (5+ units) buy & hold investment.

Investment Info:Large multi-family (5+ units) buy & hold investment.