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Updated almost 3 years ago on . Most recent reply

User Stats

29
Posts
39
Votes
Ethan Wilson
  • Investor
39
Votes |
29
Posts

First Multifamily Closed & Quit My Job

Ethan Wilson
  • Investor
Posted

Hey everyone!

I just closed last Friday on my first multifamily deal - a seller financed 8plex in Laredo, TX - 2 weeks after quitting my job to take on real estate full time. I wanted to make a post and say thanks to everyone who reached out and helped get this done. 

A quick highlight:

700k purchase, 4% interest, and a 10 year balloon.

Being in Texas, this deal was pretty far from home. Going forward I intend to be more in the Nashville and Huntsville areas, and would love to connect with anyone trying to get into the creative finance and multifamily space, as well as anyone who is already in the space and looking for more opportunities.

Most Popular Reply

User Stats

2,658
Posts
2,195
Votes
Luka Milicevic
  • Real Estate Agent
  • Nashville, TN
2,195
Votes |
2,658
Posts
Luka Milicevic
  • Real Estate Agent
  • Nashville, TN
Replied

I'm most impressed with that interest rate!!! Who did you use as your lender???

I'm in the Nashville area if you want to connect. 

@Ethan Wilson

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Middle TN Home Alliance
5.0 stars
17 Reviews

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