Looking to raise $700,000 for a multifamily apartment investment where I will be able to to value add on the property x2 in five years. Then will refinance the property to pay off the investor. The property is located in South Lake Tahoe and is being offer at $1.55 Mil. I have been buying on holding rental properties for 8 years. Some I manage my self and others I use property management companies for properties out of my local market. I also own and run laundromats with a wash and fold service. This is the first apartment complex I seek to acquire. I have studied Brad Sumrok's strategy to value add to the property and feel I can 2x the value of the property in five years. Please contact me so I can set a time to present the full business plan.
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