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Updated over 9 years ago on . Most recent reply

User Stats

95
Posts
35
Votes
Matt McCourry
  • Flipper/Rehabber
  • Myrtle Beach, SC
35
Votes |
95
Posts

Investor and Syndicator looking Private Money!

Matt McCourry
  • Flipper/Rehabber
  • Myrtle Beach, SC
Posted

I am looking to expand my private holdings.

I buy small multifamily and brick SFR's (3/2 only)

I have a great relationship with a local bank but they just take too long to close my deals.

I use the BRRR (buy, rehab, rent, re-finance) platform for all my private deals, I have been converting the commercial loans to longer term residential loans but as I said, the private banks are drying up on me.

Have experience and am willing to share my previous deals, also, there is an opportunity to get in on some of my syndication deals.  I am currently learning from the best and we just got under contract on a 72 unit multifamily property in Charleston SC.

In all our deals we shoot for a going in cap rate of 8% or better and a Cash on Cash of 15%

Looking for

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