All Forum Posts by: Erik Hatch

Search Multifamily syndication. You will find lots of information. 

How many managers and opinions do you want? At some point you need to control the deal. 

Lots of learning to be done here and on YouTube. 

Vernon,

That depends, but a typical scenario would be a scheduled payment plus interest and a share of the equity increase when the property is sold. Something like a 70/30 split where the limited partners get 70 percent and general partners get 30 percent. 8% return for the scheduled payments is currently typical and usually investments start at $50,000.

What’s the size of the deal?

The saying is deals go there to die. I have looked quite a bit on there and yet to do anything meaningful. 

Refinance and get your down payment out the get another property. Build your portfolio.

Property management for dummies. Comes with forms too. 

Will the cash flow of the property support the debt? At what ratio? Meaning income divided by debt. Higher you get past 1.0!the better

Build a team of individuals so you have experience covered. The bank is your helper and guide. Each one can be different but they will tell you what you need. Commercial is easier than you think.