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Luis Borrego
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Looking for partner eith experience in sindication for a $14M deal with good numbers

Luis Borrego
Posted Feb 1 2023, 07:52

Hi!

I currently have a $14M deal with good numbers on a property between San Antonio and Austin and I am looking for a partner with Syndication experience to learn from:

$14M, Seller finance ($2.8 down payment),

potential to increase rent 35% immediately because seller hasn't increased rent in 10 years and all contracts are month to month

65 SFH + 18 mobiles + 31 lots (for mobiles or SFH)

11-13% CoC with rent increases

very low vacancy (2),

very low expenses (25% due to a very low property tax and units are made for low maintenance)

I currently have some investors lined up for 30% of the down payment .

Let’s connect!

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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
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Jordan Moorhead
  • Real Estate Agent
  • Austin, TX
Replied Feb 1 2023, 11:29

@Luis Borrego I would be interested in looking at it