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Updated 2 months ago on . Most recent reply

User Stats

24
Posts
7
Votes
Mike Moran
  • Investor
  • Lancaster, NY
7
Votes |
24
Posts

Locating and securing investors

Mike Moran
  • Investor
  • Lancaster, NY
Posted

I’ll try to keep it short. I have built up a portfolio of a variety of apartments totaling approximately 140 doors.   I have a plan to sell all of my 1 to 4 family and maybe one or two small complexes and exchange for a large complex in my area  

the issue is, the seller of the large complex does not want to wait for all of my holdings to be closed.  Therefore, I am seeking equity partners for this purchase. 
there is a conservative play to grow NOI from $775,000 to $1.1 million within a 24 month span, thus raising the value roughly $5 million.

I’ve not needed “large money“ investors in the past, and I am looking for suggestions on how to source. The funds needed to make an offer without needing to sell and close on all of my other holdings.


any advice would be greatly appreciated

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