All Forum Posts by: Matt Ward

thanks @Jared K.

so basically CoC for investors is roughly equal to Cap Rate based on purchase price?

i invest 100k on a 1 mil property with a 10 cap, just to keep things simple, that means i get CoC of 10% and earn 10k a year preferred right?

obviously this is with different style splits, backend profits and the like

what are typical returns for syndicate investors? obviously there will be a huge variation based off area, investment size, long term goals etc...

but what are some average CoC returns an investor could look to earn and what do the logistics of being an investor look like?

someone said 8% preferencial. is that normal

20-30% is doable, smaller is better.

does anyone have connections with a portfolio lender they can recommend? would really appreciate help here.

yes. most want over 500k or 1million for minimum loan. also need guarantor as loan amount is above my personal network. home mortgage wont work for anything over 5 units.

The bank considers business profit as business profit. But I am not paying myself that cash so my income looks like **** so they say I am not a reliable person.

Also they want personal financials and business financials for 1-2 years. Business is under 1 year old and personal financials are inconsequential as all profits have been reinvested.

Thought about the family thing as a guarantor, just not sure I am comfortable with them being liable for my risks and mistakes. Thoughts?

@Kenisha Forbes most of the deals i'm looking at are 200-500k. i need financing for that

 what do investors typically charge for guarantor status in terms of piece of the pie?

Hi guys, looking at several MF properties and in a pickle. Business is bringing in 40-60k profit a month and looking to invest but lack credit history for conventional commercial lending.

Paid for college out of pocket, built business abroad while renting, didn't own a car or credit card...now small secured card and credit card, 1k limit and virtually no credit history...and 50k a month to invest.

How?

Would prefer to own assets vs being hard money lender but open to suggestions.

Looking for 2-24 units, solid cashflow, buy and hold B to C class properties in Rochester, Atlanta and JAX.

Would you try to secure a guarantor? If so how?

Would prefer not to ask family to be guarantor as it seems wrong.

Thanks and really appreciate help and support,

Matt

What it says. All things considered, in your market (obviously all markets are different), but in your market what do you look for in order to invest:

Cash ROI?

Total ROI?

Cap Rate?

Cash flow?

What do your typical numbers look like? For investors getting started this is helpful to see what is normal in different markets. Thanks :)

@Shannon Sadik thanks a bunch.

For the higher cap, lower price properties, what percentageish would you recommend to dedicate to this? I know it depends but just rough estimate, 5% rent? More?

This is very helpful. Thanks. Was looking at a couple in 14613 and 14621, will rethink these but numbers do make sense without appreciation/negative appreciation so...

What about 14605, 14606, 14608, 14609, 14611 and 14615? Would love help if anyone is experienced here.