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24
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9
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Brooks Rothschild
  • Real Estate Agent
  • Carmel, IN
9
Votes |
24
Posts

Equity Partner on Portfolio Acquisition

Brooks Rothschild
  • Real Estate Agent
  • Carmel, IN
Posted

If anyone is interested in an equity play on a portfolio - reach out. Need a bigger balance sheet. Essentially what I need is someone with the balance sheet to justify the loan. They are down to do Seller Financing (significant) if someone else has the liquidity and or significant equity to cover.

Deal Details

Location: Indianapolis, IN

Doors: 29 (Mixture of SFR and Duplexes)

Purchase Price: $2,680,000

Gross Rents: $22,537/month (below market)

Current Occupancy: 100%

DSCR Loan: 70% LTV, 25 year amortization, 5 year ARM, 15 year balloon.

Let me know if interested!

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