Our latest investment outside Dallas, TX
Investment Info:
Large multi-family (5+ units) commercial investment investment in Red Oak.
Contributors:
Bryan Ayres
This was a 48 unit multifamily deal in Texas.
What made you interested in investing in this type of deal?
This property is located on 10.6 Acres of Land which we can subdivide into two parcels without affecting the value of the property.
How did you find this deal and how did you negotiate it?
This property was found via a broker connection. We were able to negotiate a small seller carry to help with the downpayment.
How did you finance this deal?
We did a bridge loan for this property and had a small seller carry note on a 2 year term.
How did you add value to the deal?
We are rehabbing the units and splitting the parcel into two so that we can add self storage or additional units in the future.
