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Brooks Rothschild
  • Real Estate Agent
  • Carmel, IN
9
Votes |
24
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Equity Partner on Portfolio Acquisition

Brooks Rothschild
  • Real Estate Agent
  • Carmel, IN
Posted Nov 17 2022, 13:15

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!

User Stats

392
Posts
266
Votes
Tyler Lingle
  • Real Estate Broker
  • Indianapolis, IN
266
Votes |
392
Posts
Tyler Lingle
  • Real Estate Broker
  • Indianapolis, IN
Replied Nov 20 2022, 11:13

I think I know this portfolio :). Best of luck, doesn't sound like me but I'll pass it around. 

User Stats

24
Posts
9
Votes
Brooks Rothschild
  • Real Estate Agent
  • Carmel, IN
9
Votes |
24
Posts
Brooks Rothschild
  • Real Estate Agent
  • Carmel, IN
Replied Jan 16 2023, 06:30
Quote from @Tyler Lingle:

I think I know this portfolio :). Best of luck, doesn't sound like me but I'll pass it around. 


 Thanks Tyler! 

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