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Updated over 7 years ago on . Most recent reply

User Stats

27
Posts
5
Votes
Kaneem Curvey
  • Investor
  • Douglasville, GA
5
Votes |
27
Posts

Should you have a PPM on a multifamily that is less than 150k?

Kaneem Curvey
  • Investor
  • Douglasville, GA
Posted

Hello BP, I have a deal for a 125k. Multifamily 5 unit building. Well kept property. Below market price. I have investors but not sure on how to structure the deal. Would like advice on how to "CYA" all that are involved with this deal. Thanks in advance.

Most Popular Reply

User Stats

352
Posts
295
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Scott Krone
  • Investor
  • Northbrook, IL
295
Votes |
352
Posts
Scott Krone
  • Investor
  • Northbrook, IL
Replied

@Joseph Gozlan 20% IRR or more. However the project must also have a valuation of 70% cost to value.

  • Scott Krone
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