David Engel

50 influence

Atlanta/Dallas, Georgia/Texas

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IM:
Profiles:

Experienced multifamily investor/owner/operator/rehab/
repositioner interested in B and C grade properties not "listed" on the market or in some stage of foreclosure or perhaps receivership
Actively looking for 20-100 unit apartment deals in GA, TX, and peripheral states between and around the two that meet the above criteria

Experience

Invested in every asset class commercial and residential
over 200 transactions completed

Real Estate Goals

Acquire multifamily assets at a 25% cash-on-cash yield on market rents and at least a 15% yield on current rents; If rehab required; Looking for a 30%+ cash-on-cash yield on all dollars invested

Sell 5 pre-foreclosure wholesale properties a month in metro Atlanta to rehabber/filppers who have $10,000 to invest; provide non-qualifiying loan on initial purchase; help rehabber/flippers secure hard money financing to complete the rehab on their filps if necessary

Mentor Atlanta based pre-foreclosure investors with at least $10,000 cash to invest to leverage my experience into more deals and more profits