Multifamily JV Deals?

7 Replies

I have been approached to help a few buyers that are direct to broker/seller to JV on some MF deals. Upon considering the offer , because it will give me the oppurtunity to learn firsthand about MF deals, I realized a few properties that I was sent are already all over facebook by different people claiming to be direct to sellers. Is this common in MF/ commercial deals? How does that happen?

@Kristina Mcleroy I would suggest requesting a redacted copy of the offer to purchase. You do not need to see when the contract expires however just the signature and top page. I would also recommend sending the sponsor a redacted copy of your last 3 closing statements. If they are direct and see that you are a closer that request should not be a problem. All the best.