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Updated over 2 years ago on . Most recent reply

User Stats

8
Posts
5
Votes
Thomas McCarthy
  • Investor
  • Chula Vista, CA
5
Votes |
8
Posts

First Multifamily Investment Property (through syndication)

Thomas McCarthy
  • Investor
  • Chula Vista, CA
Posted

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Cash invested: $150,000

Invested in a Multifamily Syndication. Took ownership in July 2022, now to start managing property and business plan.

What made you interested in investing in this type of deal?

Management team in place, I can continue to run my business while someone else runs this asset.

How did you find this deal and how did you negotiate it?

Through a meetup from BP

How did you finance this deal?

Cash

Lessons learned? Challenges?

I should have started sooner.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Steven Woolworth

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