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Updated almost 4 years ago on . Most recent reply

Kyle McGee's profile image
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Kyle McGee
  • Developer
  • from Gulf Breeze, FL
  • Member since Jul 19, 2016
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Kyle McGee's profile image
Kyle McGee's profile image
Kyle McGee
  • Developer
  • from Gulf Breeze, FL
  • Member since Jul 19, 2016
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Kyle McGee
  • Developer
  • Gulf Breeze, FL
9
Votes |
23
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Multi-Family and Apartment Investing

Large Multi-family Investors

Kyle McGee
  • Developer
  • Gulf Breeze, FL
Posted

Hello BP'ers-

Currently working a 90 unit multi family project and just got the LOI signed for a little under $4m right at a 7% cap in an expanding market. Can anyone out there share some prior experience on where they got their downpayment and investors from on a similar multi family deal? Prior connections/hard money lenders/new connections/etc... Any feedback would be greatly appreciated!

Kyle McGee

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Gino Barbaro's profile image
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Gino Barbaro
  • Rental Property Investor
  • from St Augustine, FL
  • Member since Nov 30, 2014
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Gino Barbaro
  • Rental Property Investor
  • from St Augustine, FL
  • Member since Nov 30, 2014
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Gino Barbaro
  • Rental Property Investor
  • St Augustine, FL
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Gino Barbaro
  • Rental Property Investor
  • St Augustine, FL
Replied

@Kyle McGee

Sounds like a great deal!!  look for partners, and look to your power base (friends, family).

Are there any value adds?

Gino

  • Gino Barbaro
  • Podcast Guest on Show The “Conveyor Belt” System That’ll Build You a BIG Rental Portfolio Quickly
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