All Forum Posts by: Amin Akhmadi
Amin Akhmadi has started 8 posts and replied 47 times.
Post: Seeking Joint Venture Partners for Real Estate Investment opportunities
- Posts 48
- Votes 10
Hi, Zeke. Let's connect and let me know (dm) how exactly I can contribute
Hello, Michael. Very interested, especially in the Florida area. Let me know, and we can connect.
Post: Easy Street Capital - ZERO Points DSCR Loans!
- Posts 48
- Votes 10
How can I apply?
Post: Looking for Principal to use their Net Worth to acquire more favorable lending terms
- Posts 48
- Votes 10
Hello, community.
I am looking for a partner, that can show net worth to the lender, and for that I will share in the profits of the deal.
I need to qualify for Conventional Fennie/Fredie, and it requires that the Net Worth of the principals would be the same as the Loan Amount. I need to show around 15-20 mln$.
Just to reiterate, you will not be putting up the money on the loan. The loan would be completely covered by Conventional Financing (Fennie/Freddie), which is unsecured.
Post: Looking for Principal to use their Net Worth to acquire more favorable lending terms
- Posts 48
- Votes 10
Hello, community.
I am looking for a partner, that can show net worth to the lender, and for that I will share in the profits of the deal.
I need to qualify for Conventional Fennie/Fredie, and it requires that the Net Worth of the principals would be the same as the Loan Amount. I need to show around 15-20 mln$.
Just to reiterate, you will not be putting up the money on the loan. The loan would be completely covered by Conventional Financing (Fennie/Freddie), which is unsecured.
Post: Need access to Commercial Multifamily Real Estate MLS
- Posts 48
- Votes 10
Quote from @Evan Polaski:
@Amin Akhmadi, a commercial MF MLS does not exist. I guess the closest thing is Loopnet. But you will sometimes see 20+ unit properties on the traditional MLS, you will see them on Loopnet, you will see them on CBRE/Cushman/Northmarq/Colliers/JLL/Marcus and Millichap/etc brokerage sites, and many of those groups keep their listings exclusive to their own websites.
A couple tips: head to each of the listed groups above (your "traditional" commercial brokerage) sites and find their multifamily teams, call and ask to take them out to coffee/lunch. Hop on Loopnet for the smaller groups and just look at any property in the area that is generally in the size range you want, call them and setup coffee/lunch. You don't need to call about a current listing, but rather just trying to network with as many as you can, so you can be on their list when they have a new listing.
And lastly, typically, in commercial deals, there are no buyers agents, so while the listing brokers will add you to their lists, it is less common to have someone "working for you" trying to find deals to buy. And if you do find that person, you will be paying them directly.
Thanks, Evan. Have subscribed to 2 of the new ones you mentioned.
It's not that I don't have deals at all, it's that they are not enough.
Post: Need access to Commercial Multifamily Real Estate MLS
- Posts 48
- Votes 10
Hello, everyone. Looking for 20+ unit deals (optimally 40-100 units), primarily in Tampa Bay area and also in Florida as a whole.
Would love to connect with agents and to source deals in other possible ways.
Thank you.
Let me know.
I am out of US investor, and would like to receive access to Commercial Multifamily Real Estate MLS, for deal prospecting and alike.
My parameters are 20 units minimum. Optimally looking for 40-100 unit deals. Mostly Tampa Bay; Florida is ok also.
Post: Looking for a Commercial Mortgage Broker - Any Recommendations?
- Posts 48
- Votes 10
@Lien Vuong
Hey, Lien. I am interested in raising money. Send me an email with details - aminakhmadi @ gmail
Post: I just built a 36 unit apartment complex.
- Posts 48
- Votes 10
@George Yu
And like you said 10% coc, but you didn't say how much you borrowed.