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Updated over 4 years ago on . Most recent reply

User Stats

18
Posts
5
Votes
Grayson Loupas
  • Rental Property Investor
  • Tacoma, WA
5
Votes |
18
Posts

Partners in Washington?

Grayson Loupas
  • Rental Property Investor
  • Tacoma, WA
Posted

Hey Washingtonians,

I have a buy and hold investment opportunity out in Yakima, Wa if anyone is interested in partnering with me on it! Here are the details-

-8-plex apartment

-$750,000-$800,000 purchase

-4 units renovated, all units currently rented

-$76,800 gross yearly rents, rents could be raised to market once all units are renovated

What I need is someone to bring a down payment and thats all! I can manage, rehab, deal with tenants, etc.

Commercial loan would be between $225,000-$240,000, but I’m also open to multiple partners.

Investors would get 70% equity when property may be sold down the line, I would only keep 30%.

Great opportunity, let me know!

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