ISO partner for acquisition of 11-Unit Property

WantPartners
Classifieds

ISO partner for acquisition of 11-Unit Property

Property Manager · Denver, CO · Member since 2019 · 30 posts · 13 votes

Seeking partner for acquisition funding of 11 unit apartment in Deadwood, SD. Units are mix of 2 bedroom, 1 bedroom, and studios. Nearly turnkey with only light remodeling needed.

Need partner to bring 20% down ($80k) in exchange for 80% net cash flow for X years, until property is cash-out refinanced. Mortgage can be in name of partnership or in my name. My credit score is 760.

Anticipated gross monthly rent is $3200 with net of $1600.

1Reply
3 views

1 Reply

Jump to latestLatest
  • Reginald TrussPro Member
    Lender · Toledo, OH · Member since 2015 · 1k+ posts · 96 votes
    5y

    Nicole, maybe I have an alternative solution, please send me an email address.  Thanks again.

    Reggie Truss

Join the conversationCreate a free account to reply, vote on answers and follow this thread.