Seeking Equity Partnership - Northeastern University Rentals
We currently have a 3 unit building under agreement on Warwick St right by Northeastern University in Boston MA.
We will be doing a full gut rehab and then we will keep the building as rentals. We are looking to raise $310,000 in return for a 40% stake in the building.
In terms of capital structure, we will be financing 75% of the acquisition and 100% of the construction through Wellesley Bank, which has already given us a favorable terms sheet.
If this project is of interest to you please email me at [email protected] and I can share our underwriting and package detailing the opportunity.
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