Success stories/Advice on investing mid sized LIHTC property

Success stories/Advice on investing mid sized LIHTC property

Rental Property Investor · Brenham · Member since 2018 · 2 posts · 0 votes
I have been researching investing in a mid sized (up to 74 units) LIHTC multi family property, and wanted to get general insight from financing the deal to cash flow. I am looking to construct it myself with my background in multi-family construction, and want to hear other investors experiences throughout the entire process, and ultimately was it worth it?
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  • Rental Property Investor · Chicago, IL · Member since 2014 · 22 posts · 21 votes
    8y
    What would it cost you per unit for construction? Can you make it economical with lower rents? Do you plan to come at it from a gorvernment assistance angle? I don’t have experience in this niche, though I do in mfh. Godspeed with your project btw hope it’s a homer.
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