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Updated about 8 years ago on .

User Stats

94
Posts
13
Votes
Christian Beebe
  • Rental Property Investor
  • Phoenix, AZ
13
Votes |
94
Posts

Down Payment Investors needed for several deals.

Christian Beebe
  • Rental Property Investor
  • Phoenix, AZ
Posted

We are a decent sized multi-family company in the Midwest who has been doing REI for nearly 15 years. Our opportunities for good acquisitions of multi-families are coming in left and right and after our due diligence we have found a couple that need to be acquired. We have the lending in place but looking for private investors for the down payment portion of each deal.

-The first deal is a purchase price of $390k with an after rehab valuation of $550k.  Would need an $80k down payment with a 10% return (or greater depending on discussion).  We typically would refinance this in five years and payout the loan.  

-The second deal would be a needed $290k downpayment with same terms as above.  Purchase price would be $1.2mil 

Both properties are currently stable, just under managed, and low rents with a few upgrades needing to be done. Within 12 months both properties would see a very large increase in NOI not a problem.

We are open to options of either % return or equity in the deal, etc. Whatever it takes to get the deals done and a win/win for everyone. 

Look forward to hearing from you and thanks for the time.  

Offering